Guide to Chargeback Fraud Prevention
Customer data security is a vital concern for merchants, customers, issuers, and acquirers. The more threats and security breaches there are, the more challenging it is to convince customers that it is safe for them to provide their credit card data online or by phone...
How to Prepare for a Chargeback Representment
It’s important that all merchants know how to properly prepare for a chargeback representment case. Many merchants believe that fighting a chargeback dispute is a lost effort; however, this is simply not the case. The key to preparing for a chargeback representment is...
Digging into the Visa Chargeback Monitoring Program
Gone are the days of cash being king—now customers want to pay with their credit cards. In fact, the number of people paying with credit cards continues to increase year-over-year. A 2016 survey by TSYS of a 1,000-person survey found 40% of shoppers prefer credit...Can closed-loop chargeback solutions reduce time spent on manual reviews?
What are some of the specific causes of chargebacks? Chargebacks are initiated for a variety of reasons – both fraudulent and non-fraudulent.