Not every chargeback should be contested. For merchants, the decision to fight a dispute should be based on more than the transaction value. The strength of the evidence, the reason for the chargeback, the cost of representment,

A Merchant Identification Number (MID) is a unique identifier assigned to a business by its payment processor or acquiring bank. This number is used to track transactions made through the business’s merchant account, helping to ensure that payments are processed accurately and securely.

Fraud scoring is a method used by businesses to assess the likelihood that a transaction or user is fraudulent.

This scoring system evaluates various data points, such as the user’s historical behavior, transaction patterns, and geographical location,