INDUSTRY GUIDE
Chargeback Management
& Prevention
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Card Verification Value (CVV)
In the age of online shopping, credit card brands have had to get serious about security. One solution they’ve rolled out is the CVV-–the Card
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Address Verification System (AVS)
If your business depends primarily on online orders,then perhaps you’ve come across the acronym AVS. AVS stands for “AddressVerification System” and it is a fraud
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Chargeback Monitoring Program
Does your business receive more than its fair share of chargebacks? Credit card associations are paying attention. Most card associations monitor merchant activity on a
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American Express Chargeback Dispute Process
American Express chargeback disputes work differently than Visa and Mastercard. One of the main reasons American Express chargeback disputes differ is because American Express operates
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Chargeback Reversals
As a business owner, your first priority should be keeping as much profit as you can, and that includes minimizing the number of chargebacks you
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Visa Reason Codes
Visa reason codes are a string of numbers assigned to different explanations for chargebacks. All card brands have their own reason codes, and they’re meant
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Visa Chargeback Resolution Process
Visa changed the dispute process for chargebacks in 2017, due to the high volume of chargebacks they encounter. Visa’s overall goal is to resolve disputes
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Second Presentment
In commerce, presentment refers to furnishing a bill, note, or other document as for acceptance or payment. In most transactions, a merchant usually only needs
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MATCH/TMF
Usually, when a merchant account is terminated, the merchant’s name and business is listed on MATCH—Member Alert to Control High Risk. Ending up on MATCH
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Retrieval Requests
When a bank or credit card company contacts a merchant to inquire about a transaction, this action is called a retrieval request, or sometimes a
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MasterCard Reason Codes
No business is immune to chargebacks. Chargebacks occur when a customer disputes a transaction. Customers may dispute transactions for a number of reasons, including non-delivery
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Chargeback Arbitration
What is Chargeback Arbitration? When a bank, cardholder or merchant can’t resolve a dispute on their own, you may advance along the process to the
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Mastercard Chargeback Resolution Process
What is a Chargeback Dispute? When a customer holding a Mastercard disputes a transaction, you enter into what is known as the chargeback dispute process.
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EMV Liability Shift
In the last few years, we entered a brand-new era in card technology. This new wave of EMV technology propelled us decades ahead of magnetic
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Chargeback Ratios
Whether you’re a high-risk or low-risk merchant – chargebacks apply to everyone. Not only do chargebacks harm your bottom line, but they can also negatively
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EMV Fallback
Card brands started rolling out cards with EMV chips in late 2015 in the United States. These chips were developed by Europay, MasterCard, and Visa