chargeback

Verifi launches a stand-alone chargeback representment solution

September 21, 2010 - 1:42am | News | Payment systems

A provider of payment and risk management solutions for card-not-present merchants Verifi Inc launched its chargeback representment service as a standalone offering independent of the company's payment gateway.

chargeback | payment gateway | payment processing | payment solution | Verifi

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Chip card transactions let vendors enhance security and cut chargebacks

November 13, 2009 - 8:59am | Fraud | News

New findings announced by Moneris Solutions, Canada's largest payment processor, reveal that "merchants who process chip card transactions are experiencing fewer chargebacks than ever before due to increased security and fraud detection. This is the first data of its kind from Canada and demonstrates that chip cards reduce fraud and chargebacks."

Canada | chargeback | chip card transactions | Moneris Solutions | security

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2008 became the most profitable year for Moneybookers

January 5, 2009 - 7:49am | News | Payment systems

Today Moneybookers has announced its financial results for the year ended 31 December 2008.
During 2008, Moneybookers achieved strong growth across all areas of the business as merchants and consumers continued to realize the benefits of the Moneybookers system. This is reflected in the number of online merchants offering the Moneybookers payment system rising to a record of over 30,000.

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Cybersource survey recorded $ 4 billion to online fraud this year

December 11, 2008 - 11:53am | Fraud | News

It is expected that U. S. companies specialized on electronic commerce will lose a record $ 4 billion to online fraud this year. It is the result of annual Cybersource survey on e-commerce fraud. According to that research e-commerce fraud rise is observed over 2007, when it set the previous record of $ 3.7 billion. And the Data of 2008 are not surprising. It represents 1.4 percent of merchants' total online revenue for the year.

chargeback | Cybersource | e-commerce | online fraud

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PayPal uses the popular Nigerian 419 scam model?

November 28, 2008 - 5:05am | News | Payment systems

According to the recent investigation of the INQ a variant of the extremely popular Nigerian 419 scam is possible via Paypal. The company understanding the ineptitude of this statement has provided some proofs.

The 419 scam is named after the relevant section of the Nigerian Criminal Code and the premise is always the same. Somebody offers to pay money into your account and give you a cut when you send it back.

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How will eBay protect its Buyers and Sellers tomorrow?

October 28, 2008 - 12:00am | News | Other themes

[img_assist|nid=7056|title=|desc=|link=none|align=left|width=100|height=42]Monroe Labouisse, Director of PayPal’s business on eBay in North America has made an official statement on PayPal Buyer Protection. Now it covers the full purchase price and original shipping costs of the eBay.com purchases with no coverage limit. This is an increase and a simplification from the previous coverage limits of $2000 and $200, which varied depending on the feedback of the seller.

Buyer and Seller Protection | chargeback | eBay | PayPal

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