Category Archives: Payments
A2A payments overview and the challenge of displacing cards
A2A payments are becoming permanent infrastructure — but displacing cards is harder than it looks. This week, The Paypers published a full industry expert series on account-to-account payments. The verdict from leading payments executives: A2A is no longer a fintech experiment. But replacing cards at scale requires more than cheaper rails. Here is what some…
What is VAMP?
What is VAMP? VAMP is a Visa program that penalizes both acquirers and merchants for failing to meet certain thresholds related to disputed transactions. It replaces Visa’s former monitoring programs – VDMP and VFMP – and combines them into one rate that monitors fraud and chargebacks for acquirers and merchants. How VAMP works VAMP is…
What is chargeback ? Chargeback history ? Why chargeback and how to prevent it chargeback ?
Chargeback is a term used in the payment industry to describe the process of reversing a credit card transaction, typically initiated by the cardholder through their issuing bank. Chargebacks can occur for a variety of reasons, including fraud, product or service disputes, or billing errors. In a chargeback transaction, the funds from the disputed transaction…
