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 …Devamını Oku
Anasayfa / Tag Archives: Chip/PIN Liability Shift
What is Fraud Notification Service (FNS)?
MasterCard implemented the Fraud Notification Service (FNS) as a means of ensuring that chargebacks are properly submitted by the issuer in 2011. By this way, merchants have new representment right for Multiple Fraud-Related Chargebacks. This service helps determine if a chargeback representment option is possible. MasterCard expanded their rules regarding …Devamını Oku