Merchants processing in the EU have probably heard about the recent increase in MasterCard chargeback fees by now. But did you know, L3 Payments has several solutions for your MasterCard volume that can save you money, and help minimize your overall chargeback exposure. As explained in MasterCard’s Europe Region Operations Bulletin No. 2, MasterCard will…
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Big changes have recently been implemented that will benefit both merchants and consumers in the EU. A statement released by Merchants Payments Coalition, an international organization representing retailers, supermarkets, drug stores, gas stations and online merchants announced a reduction in “swipe fees” paid to banks and credit card companies. These swipe fees increase the cost…
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As many eCommerce merchants are aware, Visa implemented changes to their fraud and chargeback monitoring programs earlier this year. But many merchants still have questions about these changes, specifically those categorized as high-risk. While these rule changes have not had an impact on some merchants, it’s important to have a clear understanding of the rules,…
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