Entries from 2018-01-01 to 1 month
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…