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Chargeback Relief Policy Ends April 2018

Chargeback policy expiration date on calendar

In 2015, Visa and American Express initiated chargeback policies designed to decrease fraud liability for merchants and acquirers during the EMV chip migration. The policy (which blocked all counterfeit fraud chargebacks of less than $25 and limited issuers to 10 chargebacks per account) was enacted in July 2016. The primary goal of the policy was […]

Payments at the Speed of Sound

Payments at the Speed of Sound

The first sound ever to reach planet earth probably emanated eons ago from the Big Bang, although the frequency would have been too low for humans to hear (even if we had been around at the time). Today, the ultrasonic audio technology company, LISNR, believes inaudible sound waves carry the potential for faster point-of-sale payments. […]

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