US EditionVisa’s new dispute monitoring program requires rethinking fraud and payment strategy
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Visa’s new dispute monitoring program requires rethinking fraud and payment strategy
Visa’s move to dramatically overhaul its fraud monitoring programs in April means that retailers and their banks will be more likely to be affected by the program and that they will need to rethink how they manage the inevitable customer disputes that arise in online commerce. The card brand announced it will scrap its existing programs — the Visa Dispute Monitoring Program (VDMP) and the Visa Fraud Monitoring Program (VFMP) — as of April 1, and…
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