Starting in April 2020, Visa will update its rules and requirements for free trials. The changes apply equally to merchants selling either physical or digital goods and services if they offer free trials or introductory offers that roll into an ongoing subscription/recurring agreement. This change is following Mastercard’s revised standards for high-risk negative option billing merchants that were announced in January last year. There are already existing rules in place, including express, informed consent from customers after required disclosures and a simple cancellation mechanism. Mastercard: Update effective since April 2019 Mastercard has already updated its requirements regarding high-risk negative option…

Fraud-related chargebacks make up the majority of all chargebacks TrustPay’s merchant receives. Take a closer look at fraud-related disputes (Visa).

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TrustPay brings a new version of payment gateway according to up-to-date trends and technologies. The payment gateway now provides all merchants with more comfort regarding the implementation, payment overview, and transaction processing while offering their customers better, faster, and more secure payments online.

Effective 1st October 2019 Visa will apply new thresholds to improve the efficiency of the Visa Fraud Monitoring Program (VFMP) and the Visa Chargeback Monitoring Program (VCMP).

The following article will help you familiarize with the card scheme dispute-resolution process be explaining the basic vocabulary used in this process.