Visa Inc. is touting recent changes to how chargebacks that could be first-party fraud, also known as friendly fraud, are processed as potentially saving small businesses globally $1 billion in costs ...
New Delhi: A chargeback is a helpful consumer protection tool that allows credit cardholders to reverse a transaction when something goes wrong with a purchase. Whether it’s a case of fraud, a billing ...
Electronic Payments International on MSN
Visa, Mastercard to pay $199.5m to resolve merchant lawsuit-report
The merchants’ lawsuit claimed that the payment networks violated antitrust laws by collectively altering changes to chargeback rules.
Gloomy economic trends are causing a spike in first-party "friendly" fraud, where consumers try to reverse legitimate transactions by claiming fraud, and the card networks are giving merchants more ...
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 ...
PLANO, Texas, September 24, 2025--(BUSINESS WIRE)--Chargeback Gurus (CBG), a leader in chargeback management, today announced the launch of its VAMP Risk Calculator. The tool is designed to help ...
LOS ANGELES, May 14, 2018 (GLOBE NEWSWIRE) -- Today, Verifi issued a new report that highlights the urgent need for collaboration between merchants, issuing banks and consumers. This in-depth analysis ...
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