Equifax’ Agreement with 8 States: How to Prevent Chargebacks?

Equifax (EFX) Inc. has recently reached a deal with 8 states aiming to avoid future breaches. What about you? How are you going to better protect your business? Do you have a reliable system to prevent chargebacks? Just read the article to know more about all this. Equifax Data Breach: Prevent Chargebacks Equifax, the credit

The Keys to Stopping BOPIS Fraud

It’s pretty clear. Many shoppers opt to “Click and Collect” or “Buy Online, Pick Up in Store” (BOPIS) to avoid shipping costs, ensure their purchases were correct, and to get items sooner. The increased interest is why mega retailers, Target and WalMart plan to expand their BOPIS services. By the end of 2018, both retailers

How Online Fraud is stunting the Health and Beauty Sectors

Previous online fraud trends have misled industries to believe that high-ticket sectors like electronics are the most vulnerable to scam. Believe it or not, scammers have spotted another lucrative spot in the beauty, and online health market which studies revealed had experienced double-digit growth last year. Fueling this growth, according to the Natural Products Insider,

Amex Chargeback: Is There a Difference?

Chargebacks can create huge problems for merchants of any type. So, taking all the necessary measures to fight chargebacks is crucial. Are you interested in an AmEx chargeback? Do you want to know how you can fight chargebacks? This article will help you with all this. Get Reliable Chargeback Protection Let’s first start with chargebacks.

eCommerce Fraud Losses Across Major Industries

Online payment fraud doesn’t stop to be a threat. Merchants in the US are overwhelmingly attacked by fraudsters. The eCommerce industry’s loss accounts for billions of dollars due to chargebacks. Is chargeback insurance something you’re interested in? Just go on reading this article and you’ll learn what you need. Fraud Losses: Need Chargeback Insurance? eCommerce

Fight Payment Fraud with Chargeback Insurance and Other Tools

As the world continues to move full throttle away from cash transactions, cybercriminals have stepped up their games in terms of fraud. In 2017, there were 16.7 million reported victims of identity fraud, which is equivalent to 6.64% of the U.S. population, according Experian, one of the three major credit reporting agencies. Compared to 2016,

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