Segpay
APRIL 16, 2024
Merchants should implement robust fraud detection tools, such as address verification systems (AVS) and card verification value (CVV) checks. In this case, both the cardholder and the merchant are victims of Fraud.
Stax
JANUARY 10, 2024
Tools such as Address Verification System (AVS) and CVV checks help to prevent fraudulent chargebacks by ensuring that the cardholder’s provided details are authentic. In addition to paying a fee per chargeback, accumulating too many chargebacks can result in financial institutions levying additional fees as a penalty.
Expert insights. Personalized for you.
52 
Let's personalize your content