Category: Articles
Verifi™ Takes Bronze in the 2019 Stevie Awards for Great Employers
Los Angeles, September 24, 2019 – The 2019 Stevie Awards for Great Employers have selected Verifi, Inc. as a Bronze Award recipient. Founded in 2005, Verifi has grown to serve over 26,000 merchant accounts across the United States and Europe. Visa has recently completed an acquisition of Verifi, strengthening Visa’s role of facilitating trust and […]
Partners: payments industry's DNA – Part 2
Partnership models between merchant level salespeople (MLSs) and their customers are changing. At a time when most business owners can easily set up payment processing, merchants are seeking partners with tools and resources that can help them compete with large retail chains. Payments analysts have observed that processing is a small component of trending products […]
Collaborations Reduce Chargebacks, Study Finds
A Javelin Strategy & Research study, underwritten by Verifi and published in May 2018, cites communication gaps as a leading cause of disputes and chargebacks. The 36-page report, titled The Chargeback Triangle, examines chargeback costs and impacts while demonstrating how to prevent chargebacks by resolving open issues. In 2017, chargeback volumes reached $31 billion, including […]
Verifi Chargeback Management Assistance
Giving cardholders the right to dispute a payment and receive reimbursement for goods and services because they were not ordered, or not what they were professed to be, helped Visa and Mastercard develop and protect their brand equity when introduced in the early days of the bank card industry. However, the dispute and chargeback process […]
How Merchants Can Use Technology to Protect Their Holiday Sales
With Black Friday and Cyber Monday just around the corner, this is the most crucial period of the year for merchants. But how can they ensure that all those purchases stay bought? By Matthew Katz, CEO of Verifi The holiday season is almost upon us, and for merchants everywhere it’s time to make hay, as […]
Fraud on the rise: can technology save us?
With the global cost of chargebacks mounting for consumers, banks and merchants alike, Alice Bonasio argues that we need innovation to fight back Online fraud is now the most commonly experienced crime in England and Wales, according to a report published by the UK National Audit Office (NAO). Up to 1.9 million cyber-related fraud incidents […]