Remove Card Network Rules Remove Consumer Protection Remove Disputes
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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Chargebacks, while essential for consumer protection, can pose significant challenges to businesses. Here are some other articles on chargeback management: How to Build a Chargeback Payments Team in your Company How to Win Chargeback Disputes What is a Good Credit Card Chargeback Rate for Merchants?

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How to Build a Chargeback Payments Team in your Company

Clearly Payments

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.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

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!

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An Overview of Payment Regulation In The USA

Clearly Payments

Its primary objectives encompass safeguarding consumers, maintaining financial stability, promoting market integrity, preventing fraud and security breaches, and ensuring legal compliance. These rules cover various aspects such as interchange fees, transaction routing, card acceptance requirements, and data security standards.