Our Blog
European Consumers Prefer Diverse Payment Methods
Posted by Global Risk Technologies™
Credit & Debit are Just Two of Many Payment Options Used by European Shoppers In the US and Canada, most online merchants and consumers rely on just a few commonly-used payment methods. The four major card brands—Visa, MasterCard, Discover and American Express—account for about 85% of all online transactions in this region, with…
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Global Risk Technologies™ Invests in Veridu
Posted by Global Risk Technologies™
Global Risk Technologies™ is pleased today to announce a significant new investment in London-based Veridu, the innovative identity verification service provider for online merchants. We officially announced the investment at Money 20/20, the world’s leading payments event currently in full swing in Las Vegas. Global Risk Technologies™ will be adding authentication intelligence to…
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Understanding MasterCard’s Dispute Administration Fee (DAF)
Posted by Global Risk Technologies™
Mastercard charges a Dispute Administration Fee (or DAF) for intra-European and inter-European transactions. It automatically assesses the DAF for each cycle of the dispute process, which is paid to the sender and charged to the receiver. This isn’t unusual: several fees are involved in processing payment card transactions, with funds variously going to…
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International Finance Magazine: Fraud By Customers On The Rise
Posted by Global Risk Technologies™
Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly friend, writes Suparna Goswami Bhattacharya in International Finance Magazine this week. Speaking Co-Founder of Global Risk Technologies™ and our US subsidiary Chargebacks911, Monica Eaton-Cardone, the article explains the reasons why…
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The Paypers: Black Friday To Bring Seasonal Chargebacks?
Posted by Global Risk Technologies™
Online retailers need to prepare for hidden risks on the biggest shopping days of the year, writes our co-founder in The Paypers this week. Monica takes a look at the busiest shopping days in Europe, the US and China, pointing to the stats that show rising chargebacks among the booming sales. "The problem most closely…
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