Remove Address Verification System (AVS) Remove Mitigation Remove Service Provider
article thumbnail

Understanding Chargebacks

Segpay

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.

article thumbnail

How to Win Chargeback Disputes

Clearly Payments

Product/Service Not as Described: Misleading Descriptions: The product received by the cardholder is significantly different from what was described at the point of sale. Service Discrepancies: For services, the cardholder might feel that the service provided did not match the description or expectations set during the purchase.

article thumbnail

How Much Do Credit Card Companies Charge Merchants?

Stax

The merchant service providers that a business is using to handle credit card payments play a key role in determining the size and structure of credit card fees. By facilitating credit card transactions, merchant service providers act as intermediaries between credit card companies and the issuing banks.