Rapid Dispute Resolution The rapid growth of e-commerce in recent years has brought about great demand for technological advancement to accept and process digital payments. As online transaction volume grows, there has been an evident rise in disputes, leading to the need for new technology to prevent and manage fraud and disputes. The first half of 2020 has seen some extraordinary changes in online sales and services, including disturbing … [Read more...]
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Get Ready for RDR
Rapid Dispute Resolution Earlier this year, Verifi introduced a new product, Rapid Dispute Resolution (RDR), in collaboration with Visa. RDR is powered by a robust decision engine that automates dispute resolutions based on rules set by the seller, reducing time and effort invested in managing and resolving dispute volume. As a feature of Verifi’s new RESOLVE solution, RDR alongside Verifi’s Cardholder Dispute Resolution Network™ (CDRN®) provide … [Read more...]
