Author: UniBul

The point of implementing fraud screening procedures is to ensure that we don't spend more trying to prevent it than what makes sense....

Convenience fees are surcharges to payments made with bank cards - a practice that is typically not allowed - and yet, industry rules permit them....

Recurring payment plans can last for years, during which time many things can and do happen that prevent a monthly payment from being processed....

Card issuers initiate chargeback Reason Code 83 when a cardholder files a claim that he or she did not authorize or participate in the transaction....

If you stick to these 11 best practices, you will have far fewer chargebacks, customer disputes and fraudulent transactions to deal with....