
8 ways to combat true and ‘friendly’ fraud
Anyone with a credit/debit card probably understands the impact of fraud – whether real or ‘friendly.’ The rise of so-called ‘friendly fraud’ makes this type
Anyone with a credit/debit card probably understands the impact of fraud – whether real or ‘friendly.’ The rise of so-called ‘friendly fraud’ makes this type
It’s important for merchants to stay on top of any fraud risks to avoid entering the Visa Fraud Monitoring Program (VFMP). Not only can these
Does it seem as though much of what you choose to purchase these days is moving to a subscription model? This is not your imagination,
Simply put, a representment is the process of responding to a chargeback that may result in the recapture of funds originally lost to a chargeback.
A bank identification number (BIN) is the first set of four-to-six numbers that appear on a credit card. The first number indicates the specific industry
Many considerations go into a successful business model for your product and/or service. Deciding to shift to subscription billing requires a great deal of thought into
A Merchant Category Code (MCC) is a four-digit number that indicates a merchant’s line of business, along with the types of goods or services the merchant
Shifting from a single pay to a subscription billing model may sound like good business sense. High-profile success stories like Netflix and Amazon Prime can
An acquirer, or an acquiring bank, works directly with merchants to ensure timely processing and payments of credit card transactions. Acquirers also oversee compliance with
The first key to understanding how to have good data mining techniques in a Card Not Present (CNP) and subscription environment is having the correct
A compromised credit card number and its replacement used to be a nightmare of updating every recurring billing and automatic payments vendor with your new
A chargeback occurs when a consumer disputes a charge on their credit or debit card, and a representment is the merchant’s opportunity to counter the
Seize the opportunity in the CNP RP space