Posts Tagged ‘chargebacks’
The Challenge of First-Party Fraud
We talk about fraud a lot and that’s because we’re invested in stopping it. Most of our previous blog posts focus on what we call third-party fraud, or the unauthorized use of a payment instrument (PI) by a third party – usually a bad actor associated with an organized fraud ring who’s attempting to use…
Read MoreChargebacks 101: What Savvy Merchants Need to Know
A chargeback can be an important consumer protection, but it can also be a huge hassle for ecommerce businesses. If you’re a merchant, you’re probably already familiar with the chargeback process. If a customer is dissatisfied with a product they’ve been sent or service they’ve received (or if they failed to receive a product or…
Read MoreThe Hidden Costs of Chargebacks
As a society filled with online shoppers, we have grown accustomed to having all our wants and needs available at the click of a button. Over recent years, ecommerce sales have been growing steadily, increasing from 4.2% of overall sales in 2010 to over 10.2% in 2019. However, with this increase in ecommerce sales comes an…
Read MoreNo Genies Necessary: 3 Wishes a Successful Fraud Team Grants
My four-year-old daughter is into Shimmer and Shine, a delightful children’s television program about genie sisters named Shimmer and Shine. These genie sisters grant three wishes per day. And occasionally, the sisters need to use their wishes to thwart their archenemy, a sneaky sorceress named Zeta. By the end of the episode, Zeta is put…
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