Account Takeover: Protect Your Online Business and Your Customers

There is one thing you can expect from online fraudsters, and that is to expect the unexpected. Fraudsters waste no time in changing their approach and appearance in hopes of attacking businesses and their customers. This season, the threat to worry about is account takeover. Account Takeover Fraud What is account takeover fraud? Far from

Chargeback Insurance Providers Protect Merchant Accounts

To keep a healthy, open merchant account, merchants must prevent and fight chargebacks. Merchants that don’t take chargebacks, which are when credit card providers force merchants to repay the loss of fraudulent or disputed charges, seriously can lose their merchant accounts. If merchants don’t keep chargeback ratios below 2%, providers can terminate merchant accounts. Without

Chargeback Insurance Providers | About Visa Claims Resolution

The changes are here. With a deadline of April 2018, Visa’s dispute platform Visa Claims Resolution (VCR) is now in effect. What is VCR? If you haven’t heard of it yet, the aim of VCR is to simplify the dispute resolution process and improve the efficiency of the chargeback process. According to Visa, the new

How to Avoid Becoming a Transaction Laundering Victim

Transaction laundering is one of the recent and highly dangerous scams in the payments industry. Are you a merchant trying to protect yourself from transaction laundering? Are you interested in chargeback protection? This article will help you get answers to your questions. What Is Transaction Laundering? Transaction laundering is also called credit card laundering or

Protect Your Business with Chargeback Insurance

Though 82% of the 1,000 online, multi-channel and mobile commerce merchant surveyed dispute chargebacks, many indicated that they lack the necessary expertise to get them reversed, according to Kount’s State of Chargebacks 2018. The long, tedious process surrounding the dispute process, as well as merchants’ lack of skills  and knowledge to get chargebacks reversed, are

How To Fight a Huge Chargeback

Online chargeback is a thing that business owners should be wary of when selling services or products online. Are you dealing with chargebacks? What are the reasons? How can you prevent chargebacks? This article will give answers to your questions. What Is a Chargeback? The groundwork for credit card chargebacks is associated with The Truth

Ways to Use eContracts to Dramatically Lower Chargebacks

An electronic contract, or as a millennial would call it, eContract is a contract a merchant sends to a buyer electronically, more like AdobeSign. You don’t want to miss out on the many benefits of this service. Having a shopper sign an eContract before releasing a product or offering a service can help explain the

Fraud Management Techniques Every Business Owner Should Know

Identity theft and fraud cost consumers more than $16 billion per year. A large chunk of this is due to credit card fraud and right in the middle is the business owner. Angry customers tend to vent their frustrations at the merchant, and high-risk merchants experience this more often than others. In order to prevent