The Chargeback Challenge For Professional Services

In the professional service industry, where transactions average $585, businesses typically face 15 chargebacks annually. Sadly, merchants lose 80% of these claims, leading to potential losses exceeding $10,000 when considering lost wages, productivity, and legal fees.

The Chargeback Epidemic

The chargeback epidemic refers to the widespread and escalating issue of chargebacks that merchants face in various industries

Predominantly Invalid

Alarmingly, 81% of these claims are baseless, and businesses often lose the entire sale.

A Major Concern

Tackle the $225 billion chargeback issue head-on, especially prevalent in the professional service sector.

Friendly Fraud

Chargebacks have been increasing by 41% every two years, with 75% of eCommerce businesses witnessing an increase in fraud attempts as of 2021

The Hidden Costs Of Chargeback

Beyond the transaction value, businesses suffer from

  • Lost wages and productivity.

  • Administrative costs of contesting chargebacks.

  • Legal fees for high-value disputes.

  • Increased scrutiny from payment processors and banks.

  • Held funds or delayed deposits.

Contract Management and Digital Signatures

Create and Manage Digital Contracts Embedded in the Workflows of your Business

Learn More about Digital Contracts

Custom Disclosure to Ensure Customer Satisfaction

Utilize Sky’s transparent communication tool between businesses and customers.

Learn more about Custom Digital Disclosures

Sky Systemz’s Edge

With over a million potential chargebacks daily in the USA, Sky Systemz reduces this risk by a whopping 92%.

User-friendly Software

Designed for ease of use, Sky Systemz implements industry-leading practices to combat and win chargeback claims.

Impressive Results

Achieve a 500% reduction in chargeback claims and a 120% better win rate against chargebacks compared to the average.

Sky Systemz Your Chargeback Shield

Sky Systemz Your Chargeback Shield" represents a comprehensive solution tailored to protect merchants from the detrimental effects of chargebacks.

Cloud-Based Management

At Sky Systemz, our customers choose a pricing plan with their account manager, and that rate remains fixed. Transparent pricing.

Custom Contracts & Disclosures

Our commitment to transparency means consistent rates for all card types, including American Express. Predictable, no surprises

Efficient Customer Management

No monthly, startup, or cancellation fees, no contracts. Every feature is free for Sky Systemz merchants, with ongoing additions

Your Gateway to Streamlined Operations and Business Oversight

Sky Enterprise, a division of Sky Systemz, presents a holistic Business Operations Platform (BOP) exclusively crafted for regional enterprise businesses ..

Learn more about Sky's Enterprise product →

Get in Touch With Us!

  • Office Address
    333 West Vine St, 18th floor Lexington, KY 40507
  • Phone Number
    (844) 398-3884
  • Email Us
    support@skysystemz.com sales@skysystemz.com

Frequently Asked Questions

We serve as a convenient resource for users, customers, or readers to find solutions to
their queries without the need for direct contact with customer support

Sky offers next day funding, so Sky Paymentz customers will receive any payments made on Monday by 9:00 PM ET on Tuesday. Any payments during the weekend will be received on Tuesday. More information can be found in our help center - https://support.skysystemz.com/hc/en-us/articles/4408459370644-When-will-I-typically-receive-deposits

Yes. After completing the 5 minute registration process you can immediately start processing payments by using the Sky Systemz mobile application ( App Store) ( Google Play) or by logging into SkySystemz.com you can take a manual payment. You will then receive an email and phone call from your dedicated account manager to assist with any hardware purchases and the setup of your Sky account.

Sky asks basic business and personal questions during registration, such as name, address, EIN, and banking information. It takes approximately 5 minutes to complete our registration and begin processing payments. However, Sky uses next generation underwriting and verification technology to identify you as the business owner and to verify your business. If you do not answer questions accurately, we may ask additional questions or require documentation such as processing statements, drivers license, or business licenses for verification purposes.

Sky first attempts to verify your identity and ownership with the last 4 of your social security number. If we are unable to verify, we will require the full social security number to satisfy federal and state guidelines surrounding Knowing Your Customer (KYC) and Anti Money Laundering (AML).

Sky does sell equipment and offers special discount incentives for merchants that provide three recent processing statements. Sky also offers a $50 credit for every $5,000 processed in the first billing cycle for hardware purchases made during the first billing cycle. You can make purchases from the Sky online store

Sky’s service is nationwide but our physical presence to offer personalized customer service and POS setups is in three states, Kentucky, Tennessee, and Indiana and the metropolitan areas of St. Louis and Orlando.

Yes, Sky can assist with the transition and as a subscriber to Cloud Servicez we can rebuild your website if you prefer. This will keep all of your services, both in store and online in one place.

Yes. Sky Cloud Servicez offers two plans with Pro and Pro+ to build, host, and maintain custom websites. The typical buildout time is 1-2 weeks.

Sky’s support team and your dedicated account manager are available by text, email, or phone. We are always here when you need us.

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