Clearly Payments

MAY 22, 2025

Chargeback Fee A fee charged when a customer disputes a charge. Chargeback When a customer disputes a charge and wants their money back. Dispute Another word for chargeback, usually before its resolved. EMV Chip technology on credit cards. Chip & PIN EMV transaction that requires a PIN instead of a signature.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

The Payments Association

JUNE 16, 2025

Retailers and service providers may favour synchronous models to mitigate payment disputes. The experiment explored multiple countermeasures, chief among them being the use of Secure Elements: tamper-resistant chips that store cryptographic keys and transaction data on user devices. This distinction has real-world implications.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

EBizCharge

JULY 3, 2025

Merchant services are a must-have for any business that wants to accept credit cards, but they often come with a tangle of fees that chip away at your profits. These steps reduce the chances of disputes that can result in chargebacks and extra fees.

Process 52

Process Credit Cards Payment APIs and Integration Processors 52

EBizCharge

DECEMBER 18, 2024

This step solidifies trust in the financial, healthcare, and stock systems by concluding the transaction cycle without disputes. Interbank payments: Manages settlements between banks, often through systems like Clearing House Interbank Payment Systems (CHIPS) or central banks. These systems are critical for large-value transactions.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

NFCW

JANUARY 23, 2024

To establish a dispute settlement mechanism under which Apple’s decisions denying access to NFC input will be reviewed by independent experts. EU calls for feedback on proposed settlement with Apple over NFC chip access was written by Sarah Clark and published by NFCW. Feedback should be submitted by 18 February 2024.

CHIPS 109

CHIPS Settlement API Interoperability 109

Fi911

AUGUST 7, 2024

These codes play a crucial role in organizing disputes and guiding the subsequent actions required. Reason codes are useful in pinpointing processing mistakes, merchant fraud, and other justifiable dispute causes. Well, the challenge arises when we learn that not all chargebacks are warranted.

Visa 105

Visa Disputes Authorization CHIPS 105

Payments Source

MAY 26, 2016

The fight between Visa and Walmart over authenticating chip cards could have a negative outcome for everyone involved, regardless of which side wins.

Chip Cards 76

Chip Cards Disputes CHIPS Authentication 76

Clearly Payments

OCTOBER 1, 2024

Interchange fees are meant to cover the costs incurred by the card-issuing bank for handling risks associated with the transaction, including fraud prevention , handling customer disputes, and maintaining the payment infrastructure. Chip-and-PIN Transactions Chip-and-PIN transactions are another form of card-present payment.

Contactless Payments 104

Contactless Payments CHIPS EMV Credit Cards 104

PYMNTS

JULY 9, 2019

and China continues to put pressure on some of the largest multinational conglomerates and their supply chains, it’s not the only geopolitical dispute forcing changes in buyer-supplier relationships. Even if we find alternatives to Japan, we have to conduct tests to make sure the quality is good enough to make chips at a high yield.”.

Disputes 53

Disputes Adjustments CHIPS Mitigation 53

Fi911

AUGUST 28, 2024

Discover chargeback reason codes are specific numerical identifiers that help define the reasons for a cardholder’s dispute over a transaction. By doing so, they facilitate efficient dispute resolution for merchants and cardholders alike. These reason codes serve to categories disputes into understandable segments.

Disputes 69

Disputes Non-Bank CHIPS Authorization 69

PYMNTS

MAY 5, 2020

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction.

Fraud Detection 78

Fraud Detection Online and Mobile Banking Scams Issuers 78

PYMNTS

JUNE 23, 2016

Under these new policies, the card issuer, instead of the merchant, will cover the liability for the additional counterfeit fraud transaction disputed from a card account after those 10 chargebacks. But it’s worth noting that this limit does not prohibit a cardmember from disputing more fraudulent transactions.

EMV 45

EMV Chip Cards CHIPS Disputes 45

PYMNTS

OCTOBER 12, 2020

Oracle, Google’s Copyright Dispute Heard by Supreme Court. With the settlement’s terms, the EU has accepted Broadcom’s consent not to make any exclusivity deals for chips used in TV set-top boxes and models through the seven years to come. 7), The Hill reported.

Disputes 56

Disputes Regulations Laws Rules 56

PYMNTS

APRIL 15, 2016

The EMV certification process is a confusing one to say the least – with merchants having to decide between a myriad of choices and certification methods to figure out the type(s) of certification(s) needed to actually accept EMV-enabled chip cards and to then face the long lines of other merchants doing the same.

EMV 71

EMV Chip Cards CHIPS Encryption 71

Clearly Payments

OCTOBER 22, 2024

However, in some regions, like Europe, credit cards use the chip-and-PIN system, where every transaction requires PIN entry instead of a signature. This extra layer of security lowers the risk of fraudulent activity in your business, which can otherwise lead to chargebacks or disputes.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

PYMNTS

MARCH 2, 2018

TransNational said this is key for EMV transactions, with the API facilitating chip payments that have tripped up software developers. It has become extremely difficult for developers to make the transition from card swipe to chip methods. This has been a huge point of frustration.”.

API 55

API Payment APIs and Integration NACHA EMV 55

PYMNTS

APRIL 18, 2019

The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion and $6 billion to end the dispute, according to a report by CNBC. The jury found Apple owed Qualcomm around $31 million for infringing on three of the mobile chip maker’s patents.

Settlement 54

Settlement Disputes CHIPS Legal 54

PYMNTS

JULY 7, 2017

Qualcomm has filed a lawsuit against Apple for alleged patent infringement as the legal dispute between the two tech giants gets a bit more heated. sales on versions of the iPhone not built with Qualcomm chips. sales on versions of the iPhone not built with Qualcomm chips.

Legal 40

Legal CHIPS Disputes Agreements 40

PYMNTS

MARCH 1, 2020

Uber, Lyft and DoorDash have each chipped in $30 million. Uber has disputed those findings. The new ballot initiative was put together by a group of gig economy companies and is called the “Protect App-Based Drivers and Services Act.”

Laws 61

Laws Economy Disputes CHIPS 61

PYMNTS

DECEMBER 12, 2018

Despite a court order in China barring Apple from selling some of its iPhones over a patent dispute with Qualcomm, the Cupertino, California company is still selling all of its devices in the country. That’s according to CNBC , which cited Qualcomm as saying Apple is still selling them in breach of the court order.

Disputes 55

Disputes CHIPS Rules Breach 55

FICO

JUNE 8, 2017

First-party fraud is one of the most prevalent, growing and insidious forms of fraud in a mature EMV (chip issuance) market. This could be preyed upon by first-party fraudsters who perceive a lower level of security as a means of facilitating a successful dispute. Where the Consumer is the Criminal.

Contactless Payments 58

Contactless Payments Risk CHIPS EMV 58

PYMNTS

AUGUST 4, 2019

Aside from forbidding the purchase of cryptocurrencies, the agreement also indicates the card cannot be used to purchase cash advances or cash equivalents that include casino gaming chips, race track wagers or lottery tickets. . Reuters said Goldman declined to comment and Apple did not immediately respond to requests for comment. .

Cryptocurrency 48

Cryptocurrency Request for Comment Credit Cards Agreements 48

PYMNTS

SEPTEMBER 6, 2019

6), Apple confirmed that a largely Muslim minority group in China, the Uighurs, was the target of attacks in a spying attempt tied to iPhone security flaws, but disputed the way Google described the attacks, Reuters reported. Last year, the group helped to find security exploits in Intel Corp chips. . On Friday (Sept.

Security 40

Security Disputes CHIPS Research 40

BNG Payments

JANUARY 7, 2022

Purchases made when your customer and their payment card are present are less likely to be disputed than a payment made remotely. An individual may have stolen the card or dispute the charge later after reviewing their credit card bill. Additionally, they are less likely to be fraudulent. Still, issues happen. If not, inquire why.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

PYMNTS

OCTOBER 13, 2017

This suit is just the latest legal dispute between the two companies with the other suits centering on Qualcomm’s technology licensing business. While Qualcomm gets the majority of its sales from manufacturing phone chips, it receives most of its profit from charging fees for patents that cover the fundamentals of all modern phone systems.

CHIPS 40

CHIPS Legal Disputes Technology 40

PYMNTS

NOVEMBER 4, 2019

Reuters is reporting that both Washington and Beijing have said progress is being made in the trade dispute, which has seen the U.S. Chip stocks, which were affected by the ongoing trade issues, hit new benchmarks as well, with the Philadelphia Semiconductor index.SOX reaching a new record. Signing these deals takes time.

Fed 40

Fed Disputes CHIPS NOV 40

PYMNTS

FEBRUARY 6, 2018

While lululemon’s sales have remained strong despite retail industry woes, the company has been involved in board disputes. Its Founder and former CEO, Dennis “Chip” Wilson, who resigned in 2014, has even publicly criticized Potdevin’s leadership in the past.

Disputes 40

Disputes CHIPS Settlement Agreements 40

PYMNTS

NOVEMBER 28, 2019

Importers around the world continue to reel from ongoing trade disputes that are redrawing supply chains — perhaps permanently — throughout Asia, causing importers and their suppliers across countries like Vietnam and South Korea to scramble.

Disputes 49

Disputes Cross-Border On-Demand Adjustments 49

Payment Savvy

JULY 3, 2024

Chargeback Process (when customers dispute transactions) In some cases, cardholders may dispute a transaction, leading to a chargeback. EMV Chip Technology EMV (Europay, Mastercard, and Visa) chips generate unique, one-time codes for each transaction, making it much harder for fraudsters to clone or counterfeit debit cards.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Cardfellow

AUGUST 9, 2023

million $950 million Note that other factors also apply – supermarkets must be PCI compliant, and have a maximum ratio for disputes of 0.020% or less. ” Card-present transactions include magstripe swipes, EMV chip card “dips,” and contactless payment “ta[s.” billion Tier I 132.5 million $10.65

Credit Cards 52

Credit Cards Processors Chip Cards Settlement 52

PYMNTS

MAY 6, 2016

Part of that comes from litigation expense, to the tune of $50 million paid out to Robert Morley over disputes tied to who invented the company’s card reader. By vertical, as disclosed by Square’s first quarter shareholder letter , retail garnered 26 percent of contactless and chip reader orders, followed by services at 16 percent.

Volume 40

Volume Payments Disputes CHIPS 40

PYMNTS

NOVEMBER 29, 2016

This new feature applies to all instances of card reissuance, from replacing expired cards and EMV chip upgrades, to replacement in the case a card is lost, stolen or damaged. Starting today (Nov. 29), Citi credit card members in the U.S. will be able to track the progress of their replacement card delivery in real time.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card Credit Cards Card Issuer 40

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. How do I handle disputes over payments? How do I handle disputes over payments?

Contactless Payments 52

Contactless Payments Payments Online and Mobile Banking Disputes 52

Stax

MARCH 15, 2024

EMV Standards: EMV (Europay, Mastercard, and Visa) standards govern the technology used in chip-enabled payment credit and debit cards and terminals. There are steps businesses can take to respond to a credit card chargeback if the business owner would like to dispute it.

Process 88

Process Security PCI DSS Encryption 88

Payment Savvy

AUGUST 3, 2023

Here are some of its key purposes: To check who is the card issuer : If you suspect fraud or need to dispute a charge, knowing what institution issued a card will help you identify who to contact. Moreover, not only the BIN number and the cardholder name is cloned, but so does a magnetic stripe and a chip.

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

PYMNTS

APRIL 8, 2020

” There may be disputes, too, over which projects get priority. And then as time has gone by, we’ve kind of gotten tougher and tougher, because everyone has the best of intentions, but when the chips are down, it’s every man for himself.”

Disputes 52

Disputes CHIPS Governance Government 52

EBizCharge

AUGUST 30, 2024

Up-to-date terminals that accept EMV chip cards and contactless payments can also help merchants mitigate or avoid higher fees associated with manually keyed transactions. Avoid high-risk transactions High-risk transactions often incur higher fees from payment processors because they’re more vulnerable to fraud, disputes, and chargebacks.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52