The Payments Association

FEBRUARY 3, 2025

In todays fast-paced digital landscape, managing payment disputes and chargebacks has become a significant challenge for businesses, especially in the e-commerce sector. Chargebacks, often triggered by fraud or customer disputes, can severely impact a companys revenue, reputation, and operational efficiency. Thats where avoided.io

Fraud Prevention 100

Fraud Prevention Disputes Fraud Detection Card Network Rules 100

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. Key Activities of a Chargeback Team Reviewing Dispute Notices: Receiving and thoroughly investigating dispute notices from credit card issuers is the first task.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Stax

SEPTEMBER 26, 2024

That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. This is good news because it means you won’t have to inflate your base prices to cover payment processing fees.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

Stax

JANUARY 15, 2024

Let’s now proceed to the final compliance that requires your attention: the card networks you engage with. Navigating Card Network Rules Credit card brands and financial institutions enforce PCI DSS compliance. They have unique rules, validation criteria, and compliance expectations you must adhere to.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

NOVEMBER 15, 2023

Additional fees Generally, processors toss in other fees, like monthly statement fees, gateway fees, or chargeback fees if customers dispute a transaction. This strategy offers transparency and allows businesses to maintain their profit margins while offsetting the cost of processing card payments. Can you decrease interchange fees?

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

EBizCharge

JUNE 28, 2024

Determining the legality of charging credit card fees requires understanding various individual state laws , card network regulations, and the type of fee being charged. It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Payment Savvy

JULY 3, 2024

This means they would only allow customers to pay with their debit cards, While this approach isn’t right for every business, it can be especially useful for those that can’t handle credit card transactions, operate in industries where customers often dispute charges, or want to lower their processing fees.

Debit Card 52

Debit Card Process Debit Transaction Processors 52