With innovation and technology, those specializing in merchant services have found modern ways for merchants to process payments securely. This has allowed businesses to reduce their reliance on traditional banking and use more electronic means to make transactions. Merchants also found other ways to make online transactions without using credit cards that sometimes may charge […]
Highlights: This is the third and last part of a blog series we created as part of a global campaign for #FraudWeek The first part of the series explores fraud and fraud-related chargebacks The second part of the series talks about EMV technology and its contribution to mitigating fraud Much has already been said […]
Highlights: This is the second part of a blog series we created as part of a global campaign for #FraudWeek The first part, which explores fraud and fraud-related chargebacks, can be read here Previously, we talked about fraud, fraud-related chargebacks, and how they serve as a double-edged sword: they hold both merchants and cardholders victims. […]
New data from the Auriemma Consulting Group (ACG) shows that card present credit card fraud losses have decreased by 18%, the lowest levels since 2013. With major adoption of chip technology by card issuers and merchants, card present fraud has become more difficult and has resulted in a sharp decline in related losses. However, even with […]
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 […]
