Merchants have always been concerned with undeserved chargebacks. Sometimes, a customer does not remember making a purchase, or does not recognize the name of a business on a charge card statement. Delivery problems or lost packages can also initiate a dispute of a charge...
Just how bad is credit card fraud? According to the Nilson Report, losses due to credit card fraud estimated to be about $3.8 billion worldwide in 2003. And it continues to grow, despite increased awareness and technology in the industry. The problem lies in...
H.R. 3402, commonly known as the ‘Calling Card Consumer Protection Act’ passed the House in October and is now slated for Senate consideration and possible action in 2009. As it stands now, the Calling Card Consumer Protection Act was approved in large part due...