Understanding the Chargeback Pre-Arbitration Process

Why You Need to Prepare for Chargeback this Christmas

During the festive season, consumer spending habits vary wildly from their usual behaviour. This erratic change of credit card usage means that it becomes much harder for standard fraud protection software to detect and prevent fraudulent credit card activity. As a business owner, this can be detrimental for your company. If a credit card was[…]

Visa Chargeback Reason Code 72

Visa Chargeback Reason Code 72

Visa Chargeback reason code 72 is applied when merchant didn’t take approval before transaction, or obtained it after transaction date.  You take approval before processing, right? If you have been accepting credit cards, you must have learned what will happen if you don’t. This reason code is assigned when transaction received was above merchant’s floor[…]