Tag: fraud
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Chargeback Rates Nearing The Dreaded 1% Mark? Here’s How To Fix It
Chargeback rates have become a severe problem for various online merchants over the past couple months during the COVID-19 crisis. Businesses continue to deal with the economic fall out. For example, some within the subscription, travel, sports and supplement sectors see increasing levels of chargebacks. This is particularly true for US-based merchants. And, let’s not…
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New Visa Rules: Why June 2020 Is Crucial For Certain Merchants
Merchants likely heard that new Visa Rules slated to go into effect in April are now postponed. COVID-19 continues to significantly affect the North America and European market. Because of this, the card network companies decided to delay the introduction of new fee structures due April 2020. As such, the new Visa Rules intended for…
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The Coronavirus Pandemic Can Affect Your Merchant Accounts
The Coronavirus outbreak is having an impact on the e-commerce industry and that means merchant accounts are affected too. With ongoing panic and chaos everywhere, online spending has increased as retail businesses brace for major losses. However, the idea that social distancing and staying home will boost online merchants only tells half the story. Online…
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Millionaire Business Coach: Is Your Empire On The Edge of Collapse?
We’re talking about ignoring compliance. Even worse, you could be running your entire online empire with one payment platform. It’s time to modernize your business and be ready for the new decade. Whether you are a famous business coach, Youtuber, influencer, mentor or investor, your goal is the same. That is to provide advice and…
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Machine Learning – The Best Defense Against Chargebacks
Machine learning has become an excellent line of defense for high-risk merchants tackling fraud and chargebacks. It was once reserved for the worlds of academia and supercomputing. Presently, its broad range of applications are gradually realized considering the operational costs of high-performance computing has decreased. This is particularly true in the payments world. Today, payment…
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