Banks use MCCs to assess transaction risk. Payment processors use MCCs to set processing fees. Visa & Mastercard track MCCs for chargeback monitoring & fraud prevention. Chargeback Risk: Some ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Chargeback fees, stocking fees and slotting fees represent significant considerations for ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Many people view first-party fraud as a victimless crime, but it actually costs businesses ...

Friendly fraud increases merchant costs, impacting all consumers. Invalid chargebacks lead to higher fees, potential blacklisting. Chargeback costs shift to consumers, raising product prices. The ...

While ratios and messaging surrounding Visa’s looming VAMP program have changed, one message is clear: acquirers and merchants should look to technology to stay in Visa’s good books. Beginning Oct. 1, ...