by Merch Act | Apr 26, 2018 | Chargebacks
April 2018 marks a big milestone in how VISA plans to handle transaction disputes more efficiently. This new VISA Claims Resolution (VCR) initiative will simplify the processing of these common and expensive transactions through new chargeback rules for all merchants...
by Merch Act | Apr 12, 2018 | Fraud Prevention
Chargebacks are the number one bain of online merchants. According to the U.S. Payments Forum, card-not-present (CNP) fraud blew up 40% in 2016. Add to that the fact that up to 86% of chargebacks can be attributed to friendly fraud (which increases 41% every two...
by Merch Act | Dec 19, 2017 | Chargebacks, Merchant Accounts, Payment Processing
By the time you read this, the holiday season may be running on fumes. Online shoppers search countless websites for the very best deal, and finally — for one lucky merchant — hit “buy now.” Then they do it again, and again, hunting for the perfect items to fulfill...
by Merch Act | Nov 22, 2017 | Chargebacks, Fraud Prevention, High Risk
We have much to be thankful for this holiday season. Whether you mark the beginning of your holidays with Thanksgiving, Bonfire Night, Halloween, or Aunt Martha’s birthday, holiday shopping began some time ago. That’s great news for ecommerce businesses. Because...
by Merch Act | Oct 31, 2017 | Chargebacks, Fraud Prevention, High Risk
Merchants often have a love-hate relationship with payment cards, though retail stores wouldn’t exist for long without them. The days of “Will that be cash or check?” are gone for good. For ecommerce merchants, payment cards are even more crucial. Debit and credit...