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EPA Challenges Customer Dispute Process To Mitigate Chargebacks And Financial Fraud - New Research Explores The Threat Of 'Double Credits' And Offers Recommendations To Provide The Catalyst For Action


Date
06/05/2021
 
The whitepaper seeks to shine a light on the unprecedented rise in customers claiming ‘double credits’ through chargebacks and alternative avenues, while also providing recommendations on how to improve the customer dispute process for all stakeholders in the payments value chain.
Traditionally, customer disputes and chargebacks have rarely received the focus and coverage they deserve, however one Tier 1 Debit and Credit Card Issuer reported the number of non-fraud dispute cases increased by 333%. Protections associated with card payments were scarcely fully understood outside of a small group of specialists until the COVID-19 pandemic forced holidays, flights, hotels, concerts, theatres, and entertainment events into cancellation and postponement in 2020. ....

Monica Eaton Cardone , Jane Jee , Payments Association , Financial Ombudsman Service , Demerging Payments Association , Customer Disputers , Double Credit , Card Issuer , Project Financial Crimeleader , மோனிகா ஈட்டன் கார்டோன் , ஜேன் ஜீ , கொடுப்பனவுகள் சங்கம் , நிதி ஆஂபட்‌ஸ்மந் சேவை , வளர்ந்து வருகிறது கொடுப்பனவுகள் சங்கம் , இரட்டை கடன் , அட்டை வழங்குபவர் ,

Study finds gift cards are a tool for scammers


Study finds gift cards are a tool for scammers
Written by Better Business Bureau of NY, LI and the Mid-Hudson Regionand
Since 2015, 332 scams reported to the BBB Serving Metro New York have indicated that the scammer requested payment through gift cards or reloadable cards; and 98 of these scams have been reported to BBB Metro NY since January 2020. Consumers should view a request for payment by gift card as a warning sign. A new BBB study shows that gift cards are increasingly popular as a payment method for scams.
“Transactions that request payment by gift card are almost always scams,” said Claire Rosenzweig, President and CEO of the BBB Serving Metro New York. “Gift cards don’t carry the same protections as credit or debit cards, so gift card payments are funds you can’t get back.” ....

New York , United States , Long Island , Claire Rosenzweig , Better Business Bureau , Canadian Anti Fraud Centre , Consumer Financial Protection Agency , Canadian Financial Consumer Agency , Metro New York , Metro New , Gift Card Payment Scams , Why Scammers Love Gift Cards , Federal Trade Commission , Google Play , Card Issuer , Business Bureau , Trade Commission , Crime Complaint , Financial Protection Agency , Anti Fraud Centre , Financial Consumer Agency , Business Profiles , Charity Reports , Serving Metropolitan New York , New York City , Local News ,

Germany Cards and Payments Market Outlook to 2024: Current and Forecast Values for Debit, Credit and Charge Cards


Germany Cards and Payments Market Outlook to 2024: Current and Forecast Values for Debit, Credit and Charge Cards
February 18, 2021 09:08 ET
| Source:
Research and Markets
Research and Markets
Dublin, IRELAND
ResearchAndMarkets.com s offering.
The report provides detailed analysis of market trends in the German cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country s competitive landscape, including market shares of issuers and schemes. ....

Research And Markets , Bank Cards , Buy Now Pay Later , Card Issuer , Card Payments , Charge Card , Payment Card , Payment System , ஆராய்ச்சி மற்றும் சந்தைகள் , வங்கி அட்டைகள் , வாங்க இப்போது செலுத்த பின்னர் , அட்டை வழங்குபவர் , அட்டை கொடுப்பனவுகள் , கட்டணம் அட்டை , கட்டணம் அமைப்பு ,