In today's digital age, where online transactions have become the norm, the occurrence of chargebacks has increased significantly. A chargeback is a process that allows consumers to dispute a transaction and request a refund from their bank or credit card issuer. While chargebacks can occur in various industries, such as...
How to Handle Cash App Chargebacks & Disputes 2025
Cash App, a popular peer-to-peer payment platform, has revolutionized the way people transfer money. However, like any financial service, it is not immune to chargebacks. A chargeback occurs when a customer disputes a transaction and requests a refund from their bank or credit card company. In this comprehensive guide, we...
Velocity Checks and Fraud Prevention
In today's digital age, where online transactions have become the norm, the risk of fraud has also increased significantly. Fraudsters are constantly finding new ways to exploit vulnerabilities in payment systems and steal sensitive information. To combat this, businesses and financial institutions have implemented various fraud prevention measures, one of...
What is a Payment Reversal and How Does it Work?
In today's digital age, online transactions have become an integral part of our daily lives. Whether it's purchasing goods and services or transferring funds, the convenience of electronic payments has revolutionized the way we conduct financial transactions. However, with the rise in online transactions, the occurrence of payment reversals has...
How Chargeback Insurance Can Benefit You As A Merchant
As an online merchant, you are likely familiar with the term "chargeback." Chargebacks occur when a customer disputes a transaction and requests a refund from their bank or credit card issuer. While chargebacks are designed to protect consumers from fraudulent or unauthorized transactions, they can have a significant impact on...
Understanding Chargebacks: Definition, How to Dispute, and Example
In today's digital age, online shopping has become increasingly popular. With the convenience of making purchases from the comfort of our own homes, it's no wonder that e-commerce has experienced exponential growth. However, along with this growth comes the risk of fraudulent transactions and dissatisfied customers. A chargeback is a...
What is Credit Card Preapproval
Credit card preapproval is a process that allows individuals to determine their eligibility for a credit card before actually applying for one. It involves a preliminary evaluation of an individual's creditworthiness by credit card issuers, based on certain criteria such as credit score, income, and payment history. This preapproval process...
How to Handle a Credit Card Processing Outage
In today's digital age, credit card processing has become an integral part of conducting business transactions. However, like any technology, credit card processing systems are not immune to outages. A credit card processing outage refers to a temporary disruption in the ability to process credit card payments, which can have...
Batch Processing – Definition, Best Examples, and Other Tips
Batch processing is a method of processing large volumes of data in a systematic and efficient manner. It involves grouping similar tasks together and executing them as a batch, rather than processing each task individually. This approach is commonly used in various industries, including finance, manufacturing, and telecommunications, where large...
What Is a False Declines in Credit Card Processing?
In today's digital age, credit card transactions have become the norm for both online and offline purchases. However, amidst the convenience and ease of credit card processing, there is a lurking issue that can cause frustration and financial loss for both merchants and customers - false declines. A false decline...