Tag Archives: visa

Cost of Chargebacks

The Cost of Chargebacks

“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 Read more …

How to Win at the New VISA Rules

How to Win at the New VISA Rules

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”. Read more …

Visa's VCR Tape

VISA’s VCR might already be Betamax

If there’s one thing VISA loves — more than getting a piece of every transaction — it’s acronyms that start with V. 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. Yet despite the demand, it is unclear whether the VCR will have the teeth it needs to deliver on its promises.

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Driven bad by reason codes

ChargebackHelp Reason Code Reference

When a transaction is charged back, the issuing banks will assign a reason code to the chargeback. Below is a list of all the major reason codes you will see from chargebacks Read more …

Handcuff nerd

Visa’s Chargeback Clampdown

In November 2015, when Visa Inc. announced its acquisition of Visa EU, the markets barely seemed to notice the $23.4 billion transaction. Visa shares continued their steady blue-chip climb unfazed. But when the new Visa modified its fraud and chargeback monitoring in 2016, the other shoe dropped, right on top of high-risk merchants.

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Visa Chargeback Thresholds

The New Visa Rules Explained

Knowledge is power, as the saying goes, because knowledge dissolves uncertainty. And there has been a lot of uncertainty generated from the latest changes made by Visa. As your partner in reducing chargebacks, ChargebackHelp will also reduce the daunting complexities of this change into terms merchants can understand, and profit from. Read more …

Visa Inc acquisition comparison

The Brave New World of Visa Inc.

Visa US recently purchased Visa EU, and the consequences have sent merchants scrambling on both sides of the Atlantic, particularly when it comes to managing fraud and chargebacks. While antiquated programs for managing fraud were due for some updates in the age of online commerce, it isn’t without some serious growing pains. With a sticker price of $23.4 Billion (with a ‘B’), the Visa acquisition is bound to drastically change the processing landscape. Read more …