SEATTLE — Credit cards have a unique feature, the chargeback process, that protects you from charges that are fraudulent, inaccurate, or unauthorized. It can also be used when merchandise doesn't ...
When credit card and debit card holders identify fraud or abuse, they need some way to intervene and recover their funds. This form of payment reversal is what we ...
Card schemes are responding to a demand for change in how we handle chargebacks. Processing Content Visa introduced its Visa Claims Resolution initiative last April, and Mastercard followed suit not ...
NEW DELHI--(BUSINESS WIRE)--ChargebackZero is partnering with Ethoca, a Mastercard company, to help merchants minimize chargebacks, lower consumer transaction confusion, and share details of confirmed ...
Visa Inc. and Mastercard Inc. may be making significant progress in their bid to simplify and speed their aged and cumbersome chargeback processes through automation, rules changes, and some key ...
TAMPA, Fla., April 22, 2019 /PRNewswire-PRWeb/ -- A new report reveals that by 2022, U.S. credit card holders will initiate 68.8 billion transactions worth $4.72 trillion—and will subsequently dispute ...
For years, we’ve watched as the online market grew and transformed while chargeback processes remained the same. How we manage them has changed very little since the 1970s. The practices of card ...
Chargebacks can be a challenging and potentially harmful process to businesses, as although originally introduced as a consumer protection tool with good intentions, the ease of the chargeback process ...
Imagine life without credit cards. It isn’t pleasant to think about having to walk around with huge wads of cash or to stop and write checks at the physical checkout counter. In the digital world, ...