Credorax’s Chargeback PREVENTION marks a landmark partnership with Ethoca (owned by Mastercard), a global provider of collaboration-based technology, and Verifi (a Visa solution), a provider of transaction risk management services for card-not-present merchants.
Merchants can now take control of their chargebacks by preventing them before they are initiated. Credorax’s service offers merchants the ability to create rules that automate refunds or issue a manual refund after receiving an alert – both stop disputes from escalating to chargebacks.
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