EBizCharge

MARCH 18, 2025

Fraudulent transactions: Fraudulent transactions occur when cybercriminals use stolen credit card details for unauthorized purchases, resulting in chargebacks and disputes. Chargeback fraud: Chargeback fraud (also known as friendly fraud) occurs when a customer disputes a legitimate charge, leading to business financial losses.

Credit Cards

EBizCharge

MARCH 3, 2025

The address verification system (AVS) is a security tool that verifies the billing address provided by the customer with the address on file with the credit card company. AVS helps identify fraudulent transactions to ensure only valid transactions are processed.

Credit Cards

Segpay

APRIL 16, 2024

Cardholders dispute a transaction with their bank, resulting in a reversal of funds. This is most likely due to the EU requiring that businesses adopt SCA tools like 3DS to authenticate transactions for digital payments. In the world of e-commerce and digital transactions, chargebacks are a significant headache for merchants.

Disputes

PayHawk

APRIL 18, 2023

Address Verification System (AVS) A system that compares the billing address provided by the cardholder with the address on file with the card issuer to verify the authenticity of a transaction. Average Ticket Size The average dollar amount of each transaction processed by the merchant.

Process

Stax

JANUARY 10, 2024

Whenever a customer disputes a transaction and funds need to be returned to the issuing bank, there is usually a cost per chargeback that is passed onto the merchant by the acquiring bank or merchant services provider. Although this is an extra cost, it’s significantly easier than trying to keep track of fees on your own. Chargeback fees.

Credit Cards

PYMNTS

OCTOBER 29, 2019

An entered CVV2 code means that the customer physically possesses the card at the time of the transaction and has authorized, making chargeback disputes significantly easier for restaurants to win. An address verification system (AVS) that matches credit card billing addresses to those filed with banks is another means of prevention.

Address Verification System (AVS)