Tag: EMV

5 ways to protect against ‘chargebacks’ due to credit card fraud

Customer and merchant alike battle credit card fraud. The consumer can try to recoup his or her money after detecting a fraudulent or errant transaction. The business owner, though, can take steps before the transaction occurs to ensure that he won’t face a chargeback from a disputed transaction. A chargeback occurs when a customer makes […]

Take steps to protect against credit card ‘chargebacks’

There are many victims in credit card fraud, but McDonald’s owner/operators have a tool they can use to try to recoup money lost in the event someone claims their stolen credit card was used to purchase food at their restaurants. The owner of the stolen credit card is not the only victim in this kind […]

Are you EMV ready?

Credit card fraud costs nearly $9 million each year in the United States, so in an effort to reduce the level of loss, merchants must switch by October to a new, more secure way of processing credit card payments. The EuroPay, MasterCard and Visa, or EMV, chip technology is designed to reduce fraud and protect […]

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