Sorry nerds, PSD2 is not a video game sequel or a Star Wars character. The Payment Services Directive (PSD) is an evolving regime of laws by the European Union that govern payments services within the European Economic Area (EEA).
It's been just over six months since VISA mandated it's latest rule changes for chargebacks — pardon, "disputes". If you haven't yet, read our no-nonsense primer on the “Visa Claims Resolution Initiative”. Though the dust has yet to settle on [...]
In an attempt to improve how chargebacks are resolved, VISA has introduced the "Visa Claims Resolution Initiative," otherwise known by the cutting-edge acronym "VCR". Anyone who has dealt with VISA to resolve chargebacks knows an update has been sorely needed.
As your partner in reducing chargebacks, ChargebackHelp will also reduce the daunting complexities of this change into terms merchants can understand, and profit from.
So many business don’t take the necessary steps to prevent chargebacks and fraud from happening, or they take action when it is already too late. We share some important practices you can implement to be proactive in keeping your business protected and your customers happy.