How to Use Visa Account Updater for Chargeback Prevention

Creating a Comprehensive Chargeback Prevention Strategy Creating an effective chargeback prevention strategy demands the strategic use of various tools to create comprehensive protection. Is the Visa Account Updater (VAU) a beneficial tool for your business? Visa Account Updater: Overview The VAU program allows for the electronic exchange of account information among merchants, acquirers, and issuers. […]

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5 Important Facts About Fraud Detection

It’s Time to Separate Fraud Fact from Fiction The majority of merchants assume that there is only so much they can realistically do about online fraud. Fraud and the resulting chargebacks are generally accepted as a cost of doing business. However, the facts seem to disagree. In truth, there is a variety of different solutions […]

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Is There Such a Thing as Foolproof Chargeback Protection?

Can Merchants Ever be Fully Protected Against Chargebacks or Fraud? Chargebacks cost merchants more than $40 billion every year. Such a costly problem leaves merchants around the world asking the same question. “Is there 100% fail-proof, guaranteed-successful chargeback protection available?” Does Chargeback Protection Exist? Is it possible to prevent chargebacks? Yes. It is possible to […]

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How Delivery Confirmation Impacts Chargeback Management

Using Delivery Confirmation to Prevent and Dispute Chargebacks There are various tools and services merchants can use to manage chargebacks. Delivery confirmation is a commonly debated prevention and representment strategy. Is it a good idea or not? Various Merchandise Delivery Services When it comes to ensuring the delivery of goods, merchants have a couple options. […]

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9 Reasons Why Consumers Return Merchandise

Facebook0TwitterGoogle+0LinkedIn0Pinterest0StumbleUpon1 The Reasoning Behind Product Returns and Returned Merchandise The difference between a good merchant and a great entrepreneurial success story is an intricate understanding of consumer behavior. One concept merchants must meticulously analyze is the thought process behind product returns. The Importance of Understanding Consumer Behavior Why should merchants worry about the thought process […]

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Do Mobile Payments Increase the Risk of Chargebacks?

Evaluating the Risks and Rewards of Mobile Payments Emerging technology can have a dramatic or more subtle effect on the business world; for example, some alternative payment options have caught on faster than others. The latest alternative payment trend, mobile payments, are still relatively new. The world waits to see if they’ll thrive or struggle […]

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Best Rules For Managing Recurring Transactions

FacebookTwitterGoogle+LinkedInPinterestStumbleUpon Successfully Manage Recurring Transactions and Minimize Risk Both merchants and consumers benefit from recurring payment plans. Recurring transactions make products more affordable for the consumer. Merchants enjoy the predictable cash flow and payment timeliness. If managed properly, recurring transactions are a great way to boost profitability. When Processing the First Recurring Transaction Setting up […]

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Methods for Avoiding Chargebacks

The Best Management Strategies to Avoid Transaction Disputes While it may be impossible to completely avoid transaction disputes, it is in a business’s best interest to try avoiding chargebacks whenever possible. What Happens to Businesses Who Don’t Avoid Chargebacks? Chargeback management consists of two steps: preventing chargebacks and disputing chargebacks. Many merchants are only able […]

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Processing Errors

Avoid Chargebacks Caused by Processing Errors In the world of chargebacks, merchants can sometimes be their own worst enemy. While some chargebacks are an unavoidable part of doing business, others are filed as a result of a merchant’s mistake. Frequently, those mistakes are a result of a processing error. The good news is that chargebacks […]

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Verified by Visa for Chargeback Prevention?

Verified by Visa Only Offers Partial Protection from Chargebacks As fraudulent activity becomes more commonplace, credit card networks and merchants alike are seeking new ways to reduce the number of unauthorized transactions being processed. One tool that Visa uses to cut down on the volume of chargebacks and the fraudulent transactions that cause them is […]

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