Duplicate Processing Chargeback

Duplicate Processing Chargeback

Today, businesses are rapidly improving their working techniques by implementing the technology to their working process. Technologies are being used for reaching customers across globe, keeping track of inventory, selling products and collecting payments via internet, solving queries of customers via mail, telephone or live chats. With many pros this enhancement in business process have, […]

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What is Friendly Fraud?

What is Friendly Fraud

Card not present (CNP) credit and debit card transactions provide the perfect environment for what’s commonly referred to as friendly fraud. A CNP transaction as “a payment card transaction made where the cardholder does not or cannot physically present the card for a merchant’s visual examination at the time that an order is given and […]

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Knowledge is the Key to Fighting Credit Card Transaction Disputes

Knowledge is the Key

The decision to sell products online means learning new terminology, processes and technology, plus the upside and downside of running an eCommerce business. One of the first things to develop is an intimate knowledge of the credit card processing system and transaction dispute resolution. When a brick-and-mortar business accepts credit or debit card payments for […]

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Multiple Fraudulent Transactions Chargebacks

Multiple Fraudulent Transactions

Multiple Fraudulent Transactions Chargebacks With growth of use of technology, today businesses are collecting the payment of their product or services through card transactions. This method of collecting the payment is one of the easy ways to keep track of the balance of the transactions that a business do in on daily basis. But, this […]

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Visa Reason Code 62

Visa Reason Code 62

Do you know, credit cards can be replicated into fake and can cause loss of profits for a business In this age where credit card payment is considered to be one of the safest way to purchase things or collect money. Card payment is considered safest because it has developed a thin layer of protection […]

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How Recurring Transactions End Up as Chargebacks

How Recurring Transactions End Up as Chargebacks

A recurring transaction is a charge for services or goods that is applied to a cardholder’s credit or debit card multiple times at regular intervals (usually one month). Merchants who sell beauty products or health care products online almost always have a system that automatically signs up new customers to their monthly subscription plan. And, […]

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THE UBIQUITY OF CHARGEBACK

THE UBIQUITY OF CHARGEBACK

Whаt dо уоu understand bу thе word Ubiquity? And hоw саn wе relate it tо chargeback? Ubiquity саn bе defined аѕ a synonym fоr omnipresence, thе property оf bеing present everywhere. Nоw уоu wоuld wаnt tо ask; hоw dоеѕ thiѕ relate tо chargeback? Thе term chargeback iѕ аll tоо familiar with U.S. merchants today. I’m […]

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Responding to “Merchandise Not as Described” Chargeback Claims

Responding to “Merchandise Not as Described” Chargeback Claims

Taking orders online and shipping the orders to customers might sound simple, but there are challenges. Customers expect products they receive to look exactly like the website pictures, match the descriptions provided on the website and to function accordingly. Descriptive information should be clearly written so that there is no room for interpretation and any […]

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