Measuring disputes
Coming soon
The MoneyCollect dashboard will display 2 different calculations to measure your disputes: dispute activity and dispute rate.
Dispute activity represents the percentage of disputes on successful payments by dispute date.
Dispute rate represents the percentage of disputes on successful payments by charge date.
The two calculations are best understood with an example. Let’s say you processed 1,000 payments in a given date range. In that same date range, you also received 10 disputes.
Only 1 of those disputes were from the 1,000 payments processed in that date range. The other 9 disputes were from payments that were processed at an earlier date. (Because disputes take a while to come in, this delay is very common.)
The dispute activity for this week would be 1% (10 disputes on 1,000 payments). The dispute rate for this week would be 0.1% (1 dispute on 1,000 payments).
The dispute rate is a more accurate representation of fraud and disputes for your business, because it shows which actual payments were disputed.
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