Chargebacks

Chargebacks

Fighting the negative sales impact of CNP false positives

September 5, 2018

A new report from Kount and The Fraud Practice examines card-not-present (CNP) false positives which are poorly understood and frequently mismanaged aspects of risk management. Most merchants focus on chargebacks and fraud losses, but false positives are another major source of lost revenue, negative reputation ...

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Global payments news roundup: Square, ING, PayU, Abra, Javelin, Apple

August 3, 2018

It’s been a busy week in global payments news and we’ve got a roundup of the latest payments trends, payments research, and innovations for your weekend reading pleasure. Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020 The ...

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Chargebacks cost $31 billion; Target launches free delivery

May 22, 2018

Today’s newsletter looks in-depth at a new Javelin Research & Strategy/Verifi research report that says chargebacks cost the industry $31 billion annually. We also look at Target’s new free delivery program called Target Restock and how it hopes to up the competition with Amazon. Cost ...

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Cost of chargebacks in 2017? $31 billion

May 22, 2018

According to a new report, The Chargeback Triangle from Javelin Strategy & Research and Verifi, merchants lost $19 billion to chargebacks in 2017. Issuers lost another $12 billion as well, a staggering cost to business. Even more critical, researchers found that following a chargeback, consumers ...