The rise of ecommerce is difficult to deny. Surely, the global pandemic has accelerated online purchasing, but the trend was already in place before Covid-19.
The chargeback process began as an antidote to true fraud. When a consumer had card information stolen, was a victim of identity theft, or when
A Card Present (CP) merchant engages in transactions where the cardholder physically presents the card at the point of purchase. This allows the merchant to