Verifi’s award-winning CDRN stops up to 50% of BOTH fraud and non-fraud chargebacks. You’ll receive customer-initiated dispute data directly from the issuing bank in near real-time, allowing for resolution of the dispute and a stoppage of the chargeback filing.
What You Avoid:
- Costly fees, fines, penalties and potential loss of processing privileges
- False alerts that inflate your costs, as well as aged data (like TC40)
- Profit loss due to over-refunding and unnecessary manual reviews
- Short resolution time-frames that create service defects
- Additional fraud losses from pending fulfillment of goods and services