mastercard chargeback reasons

Guide to MasterCard Chargeback Reason Codes

We introduced Visa chargeback reasons in one of our previous blog posts. Similarly to Visa, Mastercard has its special codes for chargeback reasons. Mastercard chargebacks are classified into 4 categories: Authorization, Cardholder disputes, Fraud, and Point-of-Interaction errors. This article will focus on the most frequent Mastercard chargeback reasons to help you understand them better. Authorization-related ...

Chargeback ratio

Important: Visa and MasterCard Chargeback Ratio Update

Starting October, Visa and Mastercard have applied some changes to their chargeback prevention programs. Therefore, the chargeback ratio has now become more strict: 0.9% for Visa and 1% for MasterCard transactions. What does it mean for merchants? If your Visa chargeback ratio amounts to 0.9% or exceeds this limit, or your MasterCard chargeback ratio is 1% or ...

Website Requirements for Online Shops

2019 June 25 Payments Video 0 Comments

Before accepting credit and debit cards, each online store and online business must meet particular requirements set by card associations and payment service providers as well as clearly specify some important information on the website. This video shows the most important website requirements and how they can be implemented. Here is the list of the ...

Visa chargeback reasons

Visa Chargeback Reason Codes: What They Mean

In our previous blog posts, we have discussed chargebacks, how they happen, and how to prevent them. This time we want to introduce you to chargeback reasons provided by Visa. To make it easier for you to recall what chargebacks are, here is a short description of the process. When a cardholder is not happy ...

Cardinity - payment processing provider

Happy Birthday, Cardinity!

Today, January 28, marks the birthday of Cardinity as a project! You may be asking, why Cardinity? What does it mean? Cardinity is a blended term created from two words cards and infinity. So, the name indicates that we offer an online payment solution for those who want to accept various credit and debit cards ...

Chargeback process

The Chargeback Process Explained

2018 September 19 Chargebacks Payments 0 Comments

A chargeback occurs when a cardholder contacts his card issuing bank and claims that a particular transaction on his bank statement is not valid. The aim of the cardholder is to receive his money back. There are several reasons why a cardholder may file a dispute, and they are discussed in a separate article, so ...

Recurring billing for subscription payments

Why Should You Offer Subscription Services?

Internet users constantly come across various subscriptions and memberships such as weekly magazines, programs like antivirus software, beauty or food subscription boxes and many other goods and services. What makes them so convenient is that you can charge your customers periodically without hassle and unnecessary reminders. All you need to do is to set up recurring billing ...

How to start accepting card payments

How to Start Accepting Credit Card Payments Online

2018 August 1 Payments 0 Comments

Setting up an online payment system in your e-commerce website may seem difficult. Yet, here are seven simple steps which will lead you to the fastest way to get off the ground and start accepting card payments online easily. 1) Choose a Payment Gateway Provider A payment gateway is secure software for online shops that transfers ...