How VMPI Helps Merchants Stop Chargebacks
Visa Merchant Purchase Inquiry, or VMPI, is a new tool that offers merchants an incredible opportunity: the chance to stop Visa chargebacks before they’re ever submitted.
With nearly 7 out of 10 e-commerce transactions going through Visa,
The Perks and Pitfalls of Recurring Transactions
The subscription billing model (recurring billing) has become increasingly popular among online merchants wanting new ways to increase revenue. But what is recurring billing and how can merchants weigh the benifits against the risks?
Visa Purchase Return Authorization—the Scheme’s Latest Mandate—Impacts How You Process Returns
Another month…another mandate from the card schemes. This update, the Visa purchase return authorization mandate, is already available for some merchants in the US and other regions,
13 Chilling Chargeback Stats GUARANTEED to Keep You Up at Night
When most people think of a monster, the first thing that comes to mind may be a vampire, werewolf, or some other creature that goes “bump” in the night.
How Thomas Cook just Made it Harder for Travel Companies to Find Merchant Processing
Thomas Cook was a major name in global travel for many decades. The 178-year-old company employed 21,000 people globally and helped millions of consumers traverse the globe each year.
What is a Retrieval Request? Are They Being Phased Out?
A retrieval request—sometimes called a “soft chargeback”—is a method of obtaining a copy of the paperwork to validate a transaction. The request comes from the credit card issuer or cardholder,
Are Virtual Account Numbers the Answer to Data Security?
Virtual account numbers, or VANs, are a type of temporary alias for credit card numbers. They work just like a credit card number during a transaction,
The Top 4 Travel Fraud Threats & What You Can Do About Them
If you’re reading this, you’re probably aware that fraud is an issue in the travel industry. You may not realize, though,
Card-Not-Present Transactions Offer Rewards...and Risks
Card-not-present transactions are exactly what they sound like: a transaction in which a credit- or debit-card account was used, but no physical card was present at the point of sale.
The Visa Chargeback Threshold Changes October 1. Are You Ready?
Have you heard about upcoming changes to the Visa Chargeback Monitoring Program (VCMP) or the Visa Fraud Monitoring Program (VFMP)? If not, you’d better listen up.