Visa ID Intelligence

Sydney VaccaroFraud PreventionLeave a Comment

Visa ID Intelligence

There are an infinite amount of roadblocks that can be put in place to stop fraudsters. The problem is the amount of roadblocks it would take to be absolutely confident that a transaction is authorized would cause so much friction it would be a terrible experience for the customers trying to make purchases. The trade off that has to made between security and convenience has continually plagued the payment industry and merchants. When fraud does happen … Read More

Visa Retrieval Requests: New Requirements & Updates

Emily VuittonChargebacksLeave a Comment

Updates to Visa Retrieval Request Requirements 2016

In the 2016 Q4 update of the Visa Product and Service Rules, several changes were made to processes and verbiage surrounding retrieval requests. In fact, the entire section (11.1.3) was renamed from “Copy Request and Fulfillment” to “Retrieval Request and Fulfillment”. The Retrieval Request and Fulfillment section of Visa’s rules has four subsections, two of which were updated in the October 2016 edition and one of which is a completely new addition. Visa Product and Service … Read More

Visa Chargeback Monitoring Program

Scott StoneMerchant ServicesLeave a Comment

Visa Chargeback Monitoring Program

Prior to January 2016, Visa provided two programs for high-risk merchants who experience a high volume of chargebacks, the U.S. Merchant Chargeback Monitoring Program and the Global Merchant Chargeback Monitoring Program. Those two programs have been combined into a single program that adopts the stricter elements among the two. Here’s what you need to know. U.S. Merchant Chargeback Monitoring Program The first program was focused on merchants who operate within the United States. This program was known as U.S. Merchant Chargeback … Read More