chargeback

Chargeback is a return of money to a payer. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.

Source: en.wikipedia.org

Payments Ecosystem Readies For Visa’s New Chargeback Rules 
Payments Ecosystem Readies For Visa’s New Chargeback Rules 
February 02, 2018  |  VISA

What you don’t know can, indeed, hurt you — especially when it comes to chargeback liability. The waters of transaction disputes are challenging even today, but...

READ MORE >
Verifi Solution Takes Aim At ‘Friendly Fraud’
Verifi Solution Takes Aim At ‘Friendly Fraud’
April 20, 2017  |  Security & Fraud

Payments and risk management solutions provider Verifi, which specializes in serving CNP merchants, just recently announced the launch of a new platform that aims to...

READ MORE >
Signifyd Banks $7M To Grow eCommerce Fraud Platform
Signifyd Banks $7M To Grow eCommerce Fraud Platform
July 14, 2015  |  News

Signifyd, the California-based company that provides fraud protection to businesses in the eCommerce space, said Monday (July 13) that it had raised $7 million in...

READ MORE >