For merchants, chargebacks mean lost revenue, lost product, paying chargeback fees, and in worse cases, losing the ability to process payments.
In 2019, Stripe introduced Chargeback Protection for its Radar fraud prevention product. The feature is designed to automatically protect qualifying charges from fraud chargebacks, making it easier for merchants to win disputes and prevent lost revenue.
Learn how to remain a step ahead of disputes and chargebacks while keeping positive customer relations.
The burgeoning growth of eCommerce has changed the landscape for retailers interested in reaching a global customer base.
With the breakneck growth, some payments industry standards need to change. From April 2022, payment card details will experience a change...
Chargeback volumes reached record high levels in 2021, with merchants shouldering most of the costs associated with liability losses and processing fees. While some merchants have opted to accept chargebacks as a cost of business
Whether a merchant fighting unfair American Express chargebacks or a cardholder dealing with a fraudster, you need to understand dispute time limits.
Issuing banks have been receiving an increasing number of customer disputes over the years. Unfortunately, many of these disputes are illegitimate; either the customer wants to take advantage of the chargeback system or is confused.
The pandemic has brought about a significant increase in card-not-present transactions all around the world. Growing steadily since 2013, the transaction volume is expected to exceed one trillion by 2023.
This past October marked the 10th anniversary of the enactment of the Durbin Amendment, which placed a cap on interchange fees for debit card payments processed by banks with assets over $10 billion...
Merchant acquirers and payment service providers (PSPs) have faced greater Know Your Customer (KYC) challenges in recent years as authorities around the world have cracked down on money laundering. With the boom of eCommerce...
As a merchant, you need to stay on top of new technology, legal requirements, and fees to run a successful business. In this post, you’ll learn about merchant discount rate (MDR) charges, what they are, who has a share in them and how to calculate them.
