Clearly Payments

JUNE 21, 2024

Best Practices for Specific Chargeback Reasons Chargebacks are a complex and challenging aspect of running a business, but understanding the specific reasons behind them can help merchants develop targeted strategies to address and prevent them. Each credit card network (Visa, MasterCard, American Express, etc.)

Disputes 52

Disputes Address Verification System (AVS) Credit Cards Best Practices 52

Fi911

MAY 22, 2024

That said, there are some best practices that merchants can deploy to prevent many payment reversals. Address customer complaints and inquiries promptly to resolve potential issues before they escalate. Also, implement fraud detection systems to identify and mitigate suspicious transactions.

Payer 79

Payer Address Verification System (AVS) Disputes Payee 79

Segpay

APRIL 16, 2024

Merchants should implement robust fraud detection tools, such as address verification systems (AVS) and card verification value (CVV) checks. To mitigate this risk, merchants should ensure that their billing descriptors are clear and recognizable on cardholder statements.

Disputes 52

Disputes Address Verification System (AVS) Fraud Prevention Fraud Detection 52

Stax

JANUARY 10, 2024

A business with a good credit score and compliance with best practices for fraud prevention and monitoring will be considered more reliable and therefore may be eligible for better rates. However, ensuring that your eCommerce website or shipping practices aren’t resulting in unnecessary chargebacks is also important.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88