The industry-leading chargeback technology platform, announced that Oliver Rajic, a payments entrepreneur, has become a director on the board.
Rajic’s new position will enable him to support Chargebacks911’s CEO Monica Eaton in her company’s ambitious objectives for Asia-Pacific expansion.
Chargebacks911 is already well-established in the area, and dispute management is much needed there. Three times more than in North America and five times more than in Europe, Asia Pacific makes up 64% of the world’s e-commerce expenditures; nonetheless, every year, about 5% of sales are lost to payment fraud. It is anticipated that the region will suffer losses from online payment fraud exceeding £200 billion this year.
Since it began operations in the Asia Pacific area in 2017, Chargebacks911 has developed a thorough awareness of the prospects and difficulties facing the industry. Oliver will make use of his local expertise to diversify growth, maximize market entry tactics, and assemble a top-notch local staff.
This action comes after other key appointments over the previous 12 months, such as the hiring of Roger Alexander as an advisor and board member and Guy Harris as chairman.
In order to address the demands of merchants and financial institutions for the best solutions to manage and mitigate the growing problem of chargebacks and disputes, Chargebacks911 has assembled a strong team of consultants with a variety of global expertise.
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In order to complete this local and international advisory team and assist Chargebacks911’s ongoing market expansion, Monica Eaton will make announcements about other intriguing leadership hires.
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Several of the leading banking institutions in the world are among the more than 3,800 partners of the Chargebacks911 platform, which supports over 2.5 million merchants globally.
Oliver Rajic, Board Member of Chargebacks911, said : “Chargebacks911 is an undisputed market leader in North America and Europe, and our mission is to replicate this success in the Asia Pacific region and eliminate the dispute problem. Merchants, marketplaces, payment facilitators, payment solution providers and banks will not only benefit financially, but also increase customer satisfaction.”
