The Payments Association

OCTOBER 24, 2024

Chargeback abuse doesn’t just affect inventory or revenue; it also results in significant fees, increased processing costs, and reputational damage. The representment process, which allows merchants to dispute invalid chargebacks by submitting evidence, offers some recourse but is highly regulated and time-consuming.

Disputes 88

Disputes Non-Bank MFA Legal 88

EBizCharge

MARCH 12, 2024

ACH/eChecks tend to accrue lower fees because they bypass credit card networks by using the ACH network, which applies batch processing to reduce individual transactions, resulting in lower administrative and processing costs for financial institutions.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

Basis Theory

OCTOBER 1, 2024

This can significantly increase the cost of your compliance for years to come. Increased Processing Costs : It’s important to remember that your payment partners have compliance requirements and responsibilities themselves. Another precaution worth highlighting is the use of multi-factor authentication (MFA).

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88