Payment card fraud is on the rise around the world and nearly all of the increase is in card not present channels. Just as issuers are migrating to the chip & pin technology and increased online spending, fraud is on the move going from offline to online. Card not present …
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What is a Chargeback ? A chargeback is the reversal of a sale transaction. For merchants, chargebacks can be costly. Merchants can lose both the amount of the transaction being charged back and the related merchandise. Merchants also incur own internal costs for processing the chargeback. Although merchants probably can …
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