Mastercard recently announced its acquisition of chargeback and fraud prevention service provider, Ethoca.
What does this mean for the industry and for your chargeback solution?
It is important to recognize the value of an agnostic approach to chargeback prevention services, which allows greater flexibility and broader coverage. It’s how Verifi ensures our customers benefit from the most effective fraud and chargeback prevention tools in the industry.
Unlike other chargeback services, Verifi’s patented closed-loop process only generates confirmed dispute alerts in near real-time, enabling our customers to avoid false positives and the loss of shipped goods and services. In addition, our prompt dispute resolution improves your customer satisfaction and protects future billing.
Take a close look at Verifi’s Cardholder Dispute Resolution NetworkTM (CDRN®) and the advantages to your bottom line will become crystal clear.
Contact us today to learn more about how this development may impact your business and how Verifi’s solutions will help.