Banks use MCCs to assess transaction risk. Payment processors use MCCs to set processing fees. Visa & Mastercard track MCCs for chargeback monitoring & fraud prevention. Chargeback Risk: Some ...
Imagine losing billions in e-commerce revenue because consumers are taught how to game the chargeback system. This is the harsh reality facing digital marketplaces like Uber, Airbnb, Turo, and Etsy as ...
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