The truth is that running a business requires quite a lot of considerations to be implemented and thoroughly accounted for. With this in mind, chargeback prevention is without a doubt something that needs to be taken into the most serious …

World of payment is advancing technologically, it has increased possibilities for cardholders and merchants to connect globally. Cardholders can make payments while using mobile devices, and enjoy multiple payment methods at a time. Techno…

There are many things to consider to ensure business longevity, and merchants need a proactive approach to deal with chargebacks. If resources are not used to avoid chargebacks, then business tagged as blacklisted, and it can lead to a los…

Your payment processor can help avoid chargebacks using tools such as verified by Visa, CVV, and AVS for preventing frauds. In addition to these, there are measures they consider to reduce the number of chargebacks. Here is list of things …

If you are engaged in e-commerce and if you accept online payments from your customers, chances are, you can experience chargeback. In case you do not know, chargeback refers to a reversal in a payment that has been previously made. This s…

E-commerce can utilize technology to prevent cybercrimes. Here are some features that a business can adopt to keep the business safe from hackers. Many businesses have to fight Cyber Crimes on a daily basis; there is no organization which …

Dеfinitiоn Thе iѕѕuing bаnk iѕ thе finаnсiаl inѕtitutiоn thаt iѕѕuеѕ Credit card to соnѕumеrѕ on bеhаlf оf thе саrd networks (Viѕа, MаѕtеrCаrd). Thе iѕѕuing bаnk is аlѕо knоwn as thе Credit card company. For еxаmрlе, thе Iѕѕuing Bank of a …

Chargeback Security Expert and Risk Analyst will assist merchants in creating a formidable chargeback reduction plan that will benefit the merchant’s business in accordance with card brand rules. Chargeback Security Team Members will ident…

Merchant Analysis is Vital for Good Business and eCommerce Fraud No Matter What Business are you dealing with you always need to analyze and review it so that you can stay updated and plan your business accordingly. And this is the reason …

Chargeback Security Bеing a retail merchant whо hаѕ thе terminal аnd thе ability tо lооk аt thе card аnd verify itѕ ownership means everything. Thiѕ givеѕ validation tо thе system аnd identifies thе cardholder tо thе issuing bank. Note: Th…

Chargebacks are frequent in business and are related to several causes. According to the reason for the chargebacks, they derive from merchant errors and criminal or friendly fraud. Either way, there are ways for you as a business to effec…

We have many many sources to detect fraud and possible chargebacks. Over years we have partnered with banks, financial institutions and Trusted Data Contributors who update your data across many sources to provide real time data chargeback…

What is a Chargeback? Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction. The cardholder may have various reasons to raise a dispute against the transaction like go…

By examining chargeback reason codes, merchants are able to see instructions in the working of their management. For an instance, there are various Visa chargeback reason codes that result from processing errors. Let’s have a look at one p…

Visa uses Reason Code 57: Fraudulent Multiple Transactions to mark chargeback caused by multiple transactions by a particular merchant on a single Credit Card account within in short period of time. The issuing bank received a claim from t…

Getting paid via credit and debit cards are a great opportunity for merchants to grow their business, but it features some added responsibilities. Cardholders can dispute a transaction or deal up to 4 months after item purchase. This kind …

High-Risk Merchant or Low Risk, even Point of Sales receive chargebacks and they are unavoidable sometimes. We always recommend a strong response with the required documents based on the chargeback reason codes. Our Chargeback Analysts wor…

Chargeback Prevention is actually a quite hot term in the business world for the past few years. Chargebacks on credit cards is a way for the consumers to dispute a debit or credit card transaction. Thus, the cardholder can contact the iss…

Chargeback representment is a procedure that can decidedly or contrarily affect your business’ productivity. Since it is such an effective capacity, it is crucial for dealers to comprehend the procedure. Internet fraud is the main reason w…

Chargebacks are a Big problem! Nearly all Small Businesses use some kind of CRM tool which has an option to blacklist an Online Shoplifter. Some CRM programs like OrangeCRM, Limelight, Chargify, Zoho allow merchant accounts to integrate wi…

Principal members of Visa, Master card brands are the banks or financial institution that are authorized to acts as “issuing bank” that is they can provide credit cards and can act as “acquirers”, means the financial institution that provi…

The Customer must have to make a legitimate attempt to resolve the issues or return the Merchandise for Refund. If the attempts do not change any things in the favor of Cardholder, the Cardholder will move forward and dispute the Chargebac…

Visa Chargeback Reason code 53 is based on claims from card owners that the merchandise was defective, or not same as on the online store. There are multiple claims such as merchandise is not what’s on the sale receipt, merchandise is not …

The Customer must have to make a legitimate attempt to resolve the issues or return the Merchandise for Refund. If the attempts do not change any things in the favor of Cardholder, the Cardholder will move forward and dispute the Chargebac…

Having to deal with chargebacks on your credit card may result in a time-consuming activity, especially for those who have online businesses. A lot of merchants face the risk of having their accounts terminated by their back if they freque…

More than $5.5 billion in credit card fraud occurs every year worldwide. Credit card fraud can occur for various reasons including stolen or fake cards, account takeovers, and information hacks. Stolen cards are generally reported immediat…

While chargebacks came about to help customers feel comfortable with using their card knowing that their money was secure, we have seen in recent years a plethora of chargebacks to other businesses, some legitimate, others could have very …

What is a Chargeback? Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction. The cardholder may have various reasons to raise a dispute against the transaction like go…

Merchandise Defective Why This Occurs? The cardholder claim(s) states that the goods or services were not the same as shown and described online for Internet transactions, or as described on the sales receipt or other documentation present…

Chargeback reason codes apply to disputes, between a cardholder (customer) and a merchant, when the dispute has escalated to a chargeback. When a chargeback request is filed a chargeback reason code is assigned to the claim. Visa Chargebac…