A chargeback is the result of an action taken by a cardholder who disputes a credit card transaction through their credit card issuer. The card issuer initiates a chargeback against the merchant’s account and the funds are withdrawn unless the chargeback is reversed. Typical Chargeback Reasons Both Visa and Mastercard have different chargeback reason codes…...
As an owner of a business, using credit cards is essential to ensure that your company keeps going and enables its growth. For most business owners, options such as purchasing a large sale system or wireless terminal are not always convenient. Luckily, there are other alternatives such as mobile credit card processing. If you usually...
Due to the increased spending that occurs during the holiday season, scammers and thieves anxiously sit behind their computers with clever new ways to take advantage of both consumers and merchants. Since today more and more shopping takes place online, this makes it even easier for thieves to defraud innocent shoppers. The Internet is littered...
The Payment Card Industry Data Security Standard (often shortened to “PCI DSS” or just “PCI”), is a set of data security requirements established and governed by Visa®, MasterCard®, American Express®, and Discover® to protect cardholder account information. Here are facts about PCI Compliance. What is the PCI & How Does It Affect My Business? PCI DSS...
