Chargebacks
Fraud Blog posts tagged “Chargebacks”.
Avoid Preventable Chargebacks During the COVID-19 Crisis
While fraudsters are leveraging the pandemic crisis to commit more fraud, the increase in volumes, shipping delays and struggle to manage…
Nov 5, 2021 · 2 min read Case StudiesCouple Serving 5 Years for $1.2 Million in Friendly Fraud
An Indiana couple made over 2,700 purchases from Amazon over the period of a few years, creating new accounts and morphing their identities…
Nov 5, 2021 · 1 min read Merger & AcquisitionsVisa Purchases Verifi in Second Issuer Alert Acquisition of 2019
Visa announced their acquisition of Verifi on June 28th, about three months after MasterCard announced their acquisition of Ethoca. Both…
Nov 5, 2021 · 1 min read PaymentsCard Issuer False Positives Represent $118 Billion in Lost Processing Volume
According to a recent study by Javelin Strategy & Research, issuers left $118 billion on the table last year by wrongly declining payment…
Nov 4, 2021 · 2 min read ChargebacksThe Fraud Practice Launches New Online Training Course to Help eCommerce Merchants Win More
Continuing to build on the more than 35 online training courses offered today, The Fraud Practice has released a new training course titled…
Nov 4, 2021 · 1 min read Fraud PreventionThe Impact of Fraud Beyond Direct Financial Losses
Because eCommerce fraud is already painful with the reversal of funds, chargeback fees and lost product, the indirect costs are often…
Nov 4, 2021 · 3 min read Industry NewsVisa Updates to Chargeback Dispute Rules Regarding Compelling Evidence Take Effect in October
The world’s largest card brand announced the second phase of updates, new rights and options for merchants as it pertains to chargeback…
Nov 4, 2021 · 3 min read Fraud PreventionAvoiding Customer Service Chargebacks for your Online Business
A guest post by: J. Ruzicka, Certified eCommerce Fraud Professional When reconciling your past chargebacks it is important to categorize…
Nov 3, 2021 · 3 min read fraudIssuing Banks Becoming More Strict with Friendly Fraud Chargeback Claims
In response to an increasing number of consumers making erroneous chargeback claims that a good was never received or a transaction was…
Nov 2, 2021 · 2 min read ChargebacksMasterCard Changes to Chargeback Policy Benefits Online Merchants
Starting April 15th, 2011 MasterCard began enforcing a new set of rules limiting the chargeback rights for issuers when a credit card…
Nov 1, 2021 · 2 min read ChargebacksMobile Wallets Responsible for The Rise in Friendly Fraud
Merchants are less likely to dispute chargebacks on transactions originating from mobile wallets and significantly less likely to win those…
Sep 28, 2021 · 1 min read