Using Your Customer Data to Manage Chargebacks Chargebacks and disputes are a part of doing business, but they don’t have to be handled at the cost of doing business. Most merchants already have the tools to prevent disputes and recover losses from chargebacks, and all it takes is a little strategy and time to protect […]
Solution Providers to Expand Adoption of New Self-Service Chargeback Representment SaaS Platform Los Angeles, April 29, 2019 – Following Verifi’s exciting launch of its Self-Service Chargeback Representment solution, it is now offering Chargeback Representment to solution providers to meet growing demand. Verifi has already signed an initial beta group of resellers and is receiving broad […]
Los Angeles, March 18, 2019 – Verifi, Inc., the industry-leading provider of end-to-end payment protection and risk management solutions, has launched a new service for merchants to take control and fight chargebacks with in-house dispute management. Self-Service Chargeback Representment is built on 13 years of Verifi expertise to help merchants efficiently and effectively reclaim profits […]
U.K.-based Juniper Research projects $130 billion in card-not-present (CNP) fraud over the next five years, largely driven by seasonal opportunism and emerging mobile and real-time payments schemes. Mass migration to new payment methods without advanced authentication and risk management protections will lead to catastrophic outcomes, researchers noted. Online Payment Fraud: Emerging Threats, Segment Analysis & […]
Many merchants bank their entire year’s success on sales generated during this ultra-busy shopping season. The pressure is on to maximize sales and best practices of customer service. In addition, merchants must be vigilant in their practices to identify and stop fraud, and ensure solutions are in place for reliable chargeback prevention. From a sales […]
Proven solution to Help Merchants Protect Profits and Help Issuers Lower Operational Expenses as E-Commerce Surges LOS ANGELES, CA – With 2018 holiday sales in e-commerce expected to grow 15%1 to a new record, Verifi, Inc. today announced that its Cardholder Dispute Resolution Network™ (CDRN®) successfully resolved two million disputes, year to date, in 2018, on […]
The 2018 holiday sales forecasts are in and merchants have every reason to be excited. Multiple sources predict numbers substantially higher than 2017 sales, which were robust in their own right. While merchants are understandably pumped, so are fraudsters who see opportunities to nab their unfair share of the profits. Just as merchants must promote […]
The big push. All hands on deck. Make or break the year. Yes, the holiday shopping season is soon upon us, and merchants are preparing to claim their fair share of sales. Deloitte’s annual forecast for the holiday season predicts holiday retail sales could top $1.10 trillion this year, an increase over the $1.05 trillion […]
Advances in e-commerce and payments have made completing purchases easier than ever for busy consumers. Whether signing up for subscription services for food, cosmetics, entertainment, or making an impulse buy on their mobile phone, consumers expect a frictionless experience. While card-not-present (CNP) merchants offer new ways for their customers to shop, their ongoing challenge is […]
Transaction disputes and managing chargebacks are facts that will always be part of the world of business. Ever since the introduction of the Fair Credit Billing Act in 1974, regulations are set to prioritize protecting consumers from prejudicial or unfair billing practices. At the time, the Fair Credit Billing Act was a logical response to […]