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Card Schemes: Everything Merchants Need to Know

card schemes payments

The Payment card schemes If you have a piece of plastic sitting in your wallet, you are familiar with payment card schemes; Visa and Mastercard… the list goes on. A whopping 52% of all non-cash payments in Europe are through these types of schemes. We are talking about €70 billion worth of payments per year! But […]

Visa Fraud Monitoring: What Merchants Need to Know

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The Visa Fraud Monitoring Program (VFMP), an initiative by Visa that helps merchants identify and lower excessive fraud activity, recently made updates to their dispute conditions. The main change applies specifically to a set of rules called Dispute Code 10.5