Prevent Alerts With Visa’s Rapid Dispute Resolution
Visa's RDR expedites fraud resolution with automated responses to disputes based on predefined rules set by the merchant.
Visa's RDR expedites fraud resolution with automated responses to disputes based on predefined rules set by the merchant.
Mastercard's Connected Intelligence is designed to help merchants identify weak links in their transaction stream vis-a-vis fraud detection and false declines.
We may soon be able to deflect disputes entirely, refund alerts immediately, and reduce chargebacks more effectively than ever before.
It's a special time of year for merchants, as the holiday frenzy converts into new-year revenue. But just like those holiday parties, the good times do have their attendant hangover...
Nowadays, you're selling goods and services across an array of banks, currencies and regulations that require multiple third parties to facilitate transactions between you and your customer. This is the world of payment processing.
Know what to expect when you get chargebacks from other "pieces of plastic" such as the debit card. Yes, they too can bring chargebacks as much as credit cards can...
If you run a business and are selling services or goods, the merchant identification number is an extremely important part of the process. It ties your merchant account into the credit card processor and allows you to accept payments. PayPal [...]
“How much?” is perhaps the most-asked question of all time. Unfortunately, in the payments industry at least, it’s also the most difficult to answer. That’s especially true when it comes to how much do chargebacks cost for merchants.
High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank, processors and the merchants themselves.
The real danger chargebacks present are not just the fees that accumulate; if you process too many, your processing can be abruptly terminated. Here's what you can do to prevent them today.
High-risk merchants pay more for their processing, but they also get more. High-risk processing is a world of its own, providing great opportunities not just for the processor, but also for merchants.
Here’s a deeper look at the different roles banks play in a transaction. It’s also important to know how the card networks fit into this process. There’s the issuing bank, which issues the payment card to the consumer. There’s the [...]