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Chargebacks: A Survival Guide

Cardfellow

Once a customer has disputed a charge, a your acquiring bank will begin going through a specific procedure to resolve the issue. Every acquiring bank has its own specific procedure for handling chargebacks, but they’re all governed by the framework set up by the card brand.

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RT2: A strategic transformation for UK payment providers

The Payments Association

Where the previous RTGS operated as a single system requiring complex restart procedures for recovery, RT2 introduces significant architectural improvements. It remains to be seen if proportionate regulatory support and shared infrastructure initiatives will emerge to ensure the full benefits reach across the entire payments ecosystem.

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What is a Payment Processing System and How Does It Work?

Stax

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. This means they authorize and complete transactions faster than manual processing procedures.

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Supplier order management: How a furniture retailer automated order confirmation processing

Nanonets

This meant constantly switching between different procedures depending on the type of order they were handling. Split orders Customers could order items that came from different suppliers. For example, a customer might order a sofa from one supplier and a footstool from another.

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Navigating RBI’s 2025 Gold Loan Directives with our Comprehensive Loan Management System

M2P Fintech

Secure Collateral Handling: Collateral must be stored securely, and lenders face penalties for delays in returning collateral after repayment. Prompt Collateral Return: Collateral must be returned within 7 working days after full repayment, with a 5,000/day penalty for delays.

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Payments regulation roadmap: Q3 2025​

The Payments Association

Large organisations will face criminal liability if they fail to implement “reasonable procedures” to prevent fraud committed by employees, agents, subsidiaries or other associated persons where the intent was to benefit the organisation or its clients.

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𝗙𝗮𝗰𝗲 𝗜𝗗 𝘃𝘀. 𝗙𝗶𝗻𝗴𝗲𝗿𝗽𝗿𝗶𝗻𝘁𝘀

Finextra

183 Report Share Channels /security /identity Biometrics Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. It expresses the views and opinions of the author.