Tag: Visa
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Visa VAMP Changes Chargeback Management, Business Killer
Visa’s bombshell announcement will forever change how European merchants manage their fraud and dispute ratios. The new Visa Acquirer Monitoring Program (VAMP) counts TC40 fraud alerts resolved through Rapid Dispute Resolution (RDR) toward your VAMP ratio. High-risk merchants and subscription businesses are warned. MAINTAIN COMPLIANCE What’s Changing with VAMP? Visa initially created VAMP to consolidate…
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DOJ Visa Lawsuit, What This Means for Merchants
The Department of Justice (DOJ) has thrown down the gauntlet, launching a high-stakes antitrust lawsuit against Visa, the card network giant. At the heart of this lawsuit lies a bold accusation: Visa has allegedly weaponized its dominant market position to stifle competition and maintain an iron grip on online debit transactions. The DOJ claims that…
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Visa Mastercard Agree on $30b Settlement – What It Means for Online Merchants
In a landmark move that could reshape the landscape of credit card processing, Visa and Mastercard have reached a staggering $30 billion settlement with merchants across the United States. This settlement aims to address long-standing concerns over the exorbitant credit and debit card fees that have burdened retailers, particularly small businesses, for decades. For online…
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VAU and MAU Will Eliminate Churn on Your Subscriptions, Here’s How
We’ve all felt the sting of chargebacks, faced declines, and grappled with customer churn. These are not just “problems”; they’re actually revenue leaks that can bleed a subscription business dry if not addressed. Enter Visa Account Updater (VAU) and Mastercard Account Updater (MAU), the unsung heroes in the payment ecosystem that can help you overcome…
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After the FTX Crash and Visa Termination, Should You Accept Crypto as Payment?
In crypto news, FTX, one of the world’s largest cryptocurrency exchanges, crashed recently. Already on its way downhill, what sent it spiraling was Binance’s heel-turn on buying it out. All of this has sent most crypto coins downward, confirming the fragility and volatility of the crypto market. Are the effects of the FTX collapse on…
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