Latest Chargeback Stories

2011-02-23 03:00:00

SALT LAKE CITY, Feb. 23, 2011 /PRNewswire/ -- Fuze Network, Inc. ("Fuze") a payments technology company, today announced the completion of a $1.2M seed financing. Metamorphic Ventures of New York City and Kickstart Seed Fund of Salt Lake City led the investment, along with industry expert angel investors. The financing will fuel the growth of Fuze's Payments Gateway, which today enables customers to find and make payments today at over 17,000 banks and 100,000 retail locations...

2011-02-22 06:30:00

NEW YORK, Feb. 22, 2011 /PRNewswire/ -- US Digital Transactions Corporation (USDT) announced today SignatureLink® CNPS technology has successfully completed beta testing and is available to provide protection for online merchants. The technology is the first and only online signature pad designed and engineered exclusively for eCommerce merchants to capture a "wet" signature during the online checkout process. The merchant and the consumer are presented the entire...

2011-02-17 06:24:00

COLOGNE, Germany, February 17, 2011 /PRNewswire/ -- Payment security in European online retailing is higher than ever. That is one of the results of the new E-Retail Report 2010 by Deutsche Card Services. The non-payment risk for the predominant payment method (credit card) dropped to a record low of 0.1725%. Less than two out of 1,000 transactions fail. If online retailers use the 3-D Secure technology, the chargeback ratio even declines further. "Online retailing has suffered much less...

2011-01-31 07:20:00

NEW YORK, Jan. 31, 2011 /PRNewswire/ -- US Digital Transactions Corporation announced today the first chargeback recovery services designed specifically for merchants to collect revenue due from consumers that perpetrate friendly fraud. "Friendly fraud" occurs when a consumer, without a valid reason, refuses acceptance of the charge for a transaction they performed and reports the false claim to their bank/card issuer requesting a refund or chargeback. The payments industry is flooded...

2010-12-16 15:13:00

I.I.I. Offers Crime Prevention and Insurance Tips to Weary Shoppers NEW YORK, Dec. 16, 2010 /PRNewswire-USNewswire/ -- With everything easily available from wines and perfumes to electronics and toys, online shopping is an increasingly attractive alternative to braving the local mall during the holidays. However, it can also pose a risk to your identity, according to the Insurance Information Institute (I.I.I.). As online shopping becomes increasingly popular, more and more people are...

2010-11-15 10:31:00

STAMFORD, Conn., Nov. 15, 2010 /PRNewswire/ -- In the search for the ultimate holiday gift or the biggest bargain, consumers need to make sure that they are not putting their identity at risk this holiday season. A recent online survey sponsored by TraceMyID.com, a leading provider of identity theft protection, detection and resolution services, revealed that while the majority of consumers take steps to protect their identity, many admitted to risky behavior that could put them at risk...

2010-11-03 00:00:38

Consumer Credit Mediation launches Chargeback Mediation services benefiting the Merchant and the Consumer when a chargeback has been filed. Consumer Credit Mediation not only assists Merchants in defending and winning invalid chargebacks, but also in recovering the associated fees. Furthermore, Consumer Credit Mediation helps educate Consumers on how to increase, protect, and properly use their "Online Credit Footprint." (http://www.consumercreditmediation.com). Springville, UT (PRWEB)...

2010-10-20 07:10:00

WEST PALM BEACH, Fla., Oct. 20 /PRNewswire/ -- Businesses that accept credit cards at retail establishments, e-commerce sites or over the phones, should prepare for significant changes in 2011, according to Robert Livingstone, president and founder of IdealCost.com, a national consulting firm that reduces credit card acceptance fees for merchants without switching their existing processor. "Some of the changes to the credit card processing industry will benefit merchants, but we also...

2010-10-04 11:13:00

SAN FRANCISCO, Oct. 4 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) marks National Cyber Security Awareness Month with the launch of a new website to help cardholders and small businesses protect payment card account information, avoid payment card scams and resolve unauthorized use of their cards. Visa is providing cardholders tips with practical know-how for protecting account information, avoiding payment card scams, and resolving unauthorized card use. Visa's new website, at...

2010-08-24 09:40:00

iTunes users need to be aware of an ongoing scam which attacks their accounts, racking up fraudulent charges on their PayPal and credit card accounts, according to various recent media reports. IDG News Service, citing the technology blog Tech Crunch and the San Jose Mercury News as sources, notes that the scam dates back to early last year, with victims finding themselves suddenly responsible for hundreds if not thousands of dollars in charges they did not authorize. According to IDG...

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'