Effective chargeback remediation strategies are difficult for many card-not-present merchants. Chargeback prevention efforts do not evolve as quickly as the fraudsters that attempt to exploit the chargeback process. And, cardholders have learned how simple it can be to game the system by protesting legitimate transactions.
Available content in this section includes:
Understanding payment processing
Best practices for CNP merchants to reduce chargeback risk
Reason code differences between AMEX, VISA, MasterCard and Discover
The differences between fraud and friendly fraud
Tokenization and EMV
Chargeback remediation strategies
This section compiles multiple resources to help make current chargeback remediation efforts more effective as well as offer actionable advice for retaining revenue, reducing chargebacks, maintaining processing capabilities, and ensuring sustainable growth.