Clearly Payments

SEPTEMBER 18, 2024

A chargeback is a reversal of a credit card transaction initiated by the cardholder’s bank, usually as a result of a dispute by the customer over the purchase. It acts as a consumer protection tool, allowing customers to reclaim funds for unauthorized transactions, fraud, or dissatisfaction with goods or services.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Stax

JANUARY 15, 2024

Inform them about the surcharge policy, highlighting the consumer protection guidelines. Review technical considerations Evaluate your payment service providers, considering your merchant account’s functionality and card transaction volume. CardX is your go-to partner for smarter credit card surcharging. You’re all set!

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

FEBRUARY 8, 2024

State Agencies: In addition to federal oversight, individual states have regulatory agencies responsible for overseeing financial institutions and consumer protection within their jurisdictions. These rules cover various aspects such as interchange fees, transaction routing, card acceptance requirements, and data security standards.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

Clearly Payments

NOVEMBER 18, 2024

Chargebacks, while essential for consumer protection, can pose significant challenges to businesses. Skills Required: Attention to detail, familiarity with card network rules, and proficiency in analyzing transaction data. GDPR/CCPA : Protect customer data and comply with regional privacy laws.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59