Effective chargeback management relies on timely notifications. Here are two important types of chargeback alerts:
Descriptor-based alerts are notifications triggered by specific transaction details, such as customer name, card number, transaction date, transaction amount. These alerts are crucial for identifying potential chargeback risks as they arise.
We will enroll you in the Visa Rapid Dispute Resolution system, which will whitelist you directly with Visa. You just need to provide some simple details like your Merchant ID (MID), Merchant Category Code (MCC), Bank Identification Number (BIN), and Card Acceptor ID (CAID). If a Visa cardholder tries to dispute a charge, the payment processor will automatically refund the transaction on your behalf, this includes keeping your customer service inform and you can hold any possible shipment.