Chargeback Prevention

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Understanding and Identifying Chargeback Fraud

Friendly Fraud Part 1 - Understanding and identifying chargeback fraud Friendly fraud, also known as chargeback fraud or digital transaction fraud, is a common problem faced by modern businesses. This type of fraud affects both online and physical stores and is widespread across industry sectors. While the terms 'friendly fraud' and 'chargeback fraud' are often used interchangeably, the intention behind each incident differs greatly and affects how you need [...]

By |2020-03-11T21:11:40+00:00March 11th, 2020|blogs, Chargeback Prevention, Fraud Prevention|

Challenges that Online Businesses Face

Starting an online business can be challenging; however, if you do it right, an eCommerce website can be a great source of revenue and can dramatically boost your bottom line. Online businesses have smaller start-up costs when compared to traditional brick-and-mortars and you can reach thousands of people on the internet when compared to a physical store. There are numerous benefits to owning an online business; however, a successful [...]

Card Not Present Transactions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. These types of payment options are called card not present transactions. This type of transaction occurs when either the cardholder is not present or the credit card is [...]

Wells Fargo System Outage

As of February 8, 2019, the Wells Fargo mobile has been experiencing difficulties in operation. From the Wells Fargo Twitter: “We’re experiencing system issues due to a power shutdown at one of our facilities, initiated after smoke was detected following routine maintenance. We’re working to restore services as soon as possible. We apologize for the inconvenience. We want our customers to know that this is a contained issue affecting [...]