Chargebacks cost merchants far more than the disputed transaction value. For every dollar lost to fraud, businesses incur up to $4.61 in total costs, with some reports showing merchants losing 3.4 times the original transaction amount when all expenses are
Getting hit with a “transaction not permitted (amount/pos/mcc)” error is frustrating because of how non-descript it is. This message appears when your card issuer blocks a purchase based on three key factors: the amount, the point of sale (POS), or
Friendly fraud is one of the most annoying yet seemingly avoidable types of fraud. Many merchants are left wondering what they’ve done wrong or why their customers are mistreating them. One day you’re in the black, and the next your
If you run a business that accepts credit card payments (so, every business), then you need to know about the MATCH list. This database tracks merchants who’ve had their payment processing accounts shut down. Getting MATCHed can destroy your business
One of the more serious declines you’ll face in your business journey is decline code 59. This code signals suspected fraud, and knowing how to handle it can save your business money and protect your customers. PREVENT FRAUD AT CHECKOUT
