Chargebacks are something that most of us would rather live without. With the change to EMV and the subsequent decrease in Card Present Fraud, Fraudsters have had to get more creative.
Chargebacks are something that most of us would rather live without. With the change to EMV and the subsequent decrease in Card Present Fraud, Fraudsters have had to get more creative.
The transition to EMV has been messy for many merchants. Visa, being a leader in the migration to EMV technology in the US has decided to ease the burden placed on small businesses. According to a press release to their investors dated June 16th, they’ve released the following statement: “Visa is modifying its policies to […]
Chargebacks can be the bane of most businesses’ existence. Although there are certain steps that can be taken to avoid chargebacks, they have become prevalent today, especially with the growth of technology and the internet.
Fraud is costly at all levels of the payment cycle, and failure to prevent fraud can often have negative effects on the merchant. By being proactive, merchants can avoid many mistakes and pitfalls associated with credit card fraud.
Reversing credit card transactions are a necessary part of dealing with customers, but it does come with some pitfalls if not understood correctly. Let’s explore this fascinating aspect of dealing with credit cards.
