Fintech Company focuses its sights on the moving industry
‘MoveIt’ by Sky Systemz brings next generation payment, business software, banking and now chargeback protection to the transportation industry!
LEXINGTON, Ky., 25 August 2022 /PRNewswire/ — Sky Systemza software-as-a-service (SaaS) company focused on digital payment and business management solutions, is targeting the transportation industry with a specialization in moving agencies.
Sky’s platform was developed to be an omni-vertical platform that applies to any business. However, over the past six months, the company has seen significant growth in its transportation verticals, particularly moving companies. Sky has purchased the operations of national powerhouse moving companies such as Wildcat Moving (KY), Cardinal Moving (KY), Lobos Moving (NM), Wolfpack Moving (NV), Eagle Eye Movers (FL) and Top Dawg Movers (GA).
Working closely with these partner companies, Sky has developed a software suite packed with tons of new features aimed at optimizing moving businesses. MoveIt by Sky is purpose-built for the moving industry, but its new features can be applied to other business verticals.
“In our conversations with our moving partners, we quickly learned some of the challenges facing the moving industry,” said CEO. Brian Nichols. “Moving companies are often victims of fraudulent chargebacks. Many of our new features like digital contracts and custom disclosures are built on top of operational and administrative features to close the common loopholes criminals use to exploit businesses of their labor.”
Sky’s new’Rollback Protection Package‘ is the cornerstone of the ‘MoveIt’ package. Digital contracts, custom disclosures, and digital signatures are the three newest features developed by the company to provide protection to all their sellers; along with one customer care system, digital receipts, the ability to import images of the client’s license and any other document in a cloud environment – Cloud takes chargeback protection seriously!
“Our research has found that chargebacks are one of the costliest issues facing businesses today,” said the CEO Brian Nichols. “We estimate carryback losses (which lack validity) to be one 225 billion dollars problem in the US every year. While Mastercard ( MA ) and Visa ( V ) have programs to appeal chargeback attempts and companies like Stripe have technology to identify post-transaction fraud, there is no service that meaningfully reduces chargeback claims or helps merchants win if there is a requirements. Sky addresses these issues with a complete operations platform that also reduces claims by 500% and wins 120% more chargebacks compared to the industry average.”
In the professional services industry, the average transaction size is $585. Most businesses will face fifteen chargebacks annually. We estimate that sellers will lose twelve out of fifteen of these claims. The costs may be over $10,000 when you factor in lost wages, lost productivity and potential legal action.
Statistics also show that 81% of all reported returns have no validity. By using Sky’s Chargeback Protection Suite, your business can virtually eliminate the threat of fraudulent chargebacks. Sky Systemz is the only platform purpose-built to protect businesses from fraudulent chargebacks. The only way to successfully achieve this goal is to implement procedures and protocols within software throughout the entire operational, administrative and purchasing cycle. MoveIt by Sky is now available for moving companies and the transport sector. Learn more about Sky Systemz at SkySystemz.com
Sky Systemz is a cloud-based digital payment and financial technology company. With no contracts, no monthly fees and low prices, Sky is a partner for businesses across the country who want to grow their business while retaining more of their profits.
Sky Systemz
Dr. Michael Carr
844-398-3884
[email protected]
SkySystemz.com
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SOURCE Sky Systemz
