What is Visa Merchant Purchase Inquiry Program (VMPI)? Interview with Fraud Expert Scott Adams with FraudPVP.com Subscribe: RadioPublic | Apple Podcasts | YouTube | Spotify | Stitcher | TuneIn Ruin a Bad Guy's Day Radio interviews fraud expert Scott Adams with FraudPVP. Scott Adams with FraudPVP.com explains the value of Visa's Merchant Purchase Inquiry Program for reducing chargebacks and disputes and how FraudPVP can enhance your program by reducing chargeback management time and saving sales. FraudPVP/VMPI services can help prevent chargebacks before they even happen by improving communication between the parties involved.  VMPI stands for Visa Merchant Purchase Inquiry and is part of the larger Visa Claims Resolution initiative (VCR). Visa created VMPI in an effort to make chargeback disputes simpler and more automated for merchants, issuers, acquirers and processors. Simply put, VMPI can help prevent chargebacks before they even happen by improving communication between the parties involved. Scott Adams is the founder of FraudPVP. He has more than 20 years of experience in the field of payments as both a merchant and a fraud expert. He's worked with companies large and small to reduce chargebacks, improve ROI and fight fraud on multiple platforms. He strives to always think like a merchant and develop tools that make merchants' lives easier. FraudPVP's VMPI Service gives you the chargeback-reducing power of VMPI with little to no set-up on your end. You can start deflecting chargebacks NOW. Listen to the Podcast to learn more! What is special about FraudPVP’s VMPI Service? Time Saved: We have real time alerts from Visa on Fraud and Chargebacks.  Our VMPI alert time is 3-4 days faster than traditional fraud and chargeback alerts merchants receive from their acquirer. Inquiries Deflected: In 50+% of cases in which a customer called their issuer with a dispute, our system was able to prevent chargebacks by either saving the sale or providing an avenue to refund the transaction without a chargeback. Saved Sales: In 25+% of cases in which a customer called with a dispute, our system was able to not only avoid the chargeback, but also save the sale completely, so the merchant kept their money! Easy Integration / Fast Results:  Little to no IT/Engineering required.  We have paths to go live that require no integration.  You could be live within a matter of days and saving sales and reducing chargebacks within the current month!  No ramp-up needed! More Information: FraudPVP.com https://www.fraudpvp.com/ Scott Adams - LinkedIn https://www.linkedin.com/in/speakerscotteadams/ Visa Merchant Purchase Inquiry Program  https://developer.visa.com/capabilities/visa-cardholder-purchase-inquiry Fraud Stats mentioned in podcast: Kount Blog https://www.kount.com/blog-against-fraud/11-frightening-chargeback-statistics Email Us: Ruin a Bad Guy's Day Radiohttps://www.ruinabadguysday.com/contact Subscribe to Ruin a Bad Guy's Day Radio https://www.ruinabadguysday.com/contact Donate: Help Ruin a Bad Guy's Day Radio fight fraud!https://donorbox.org/support-ruin-a-bad-guy-s-day-radio Ruin a Bad Guy’s Day Radio Merchandise:-Coffee Mugs, T-Shirts, Hoodies Sale! Get 15% Off - Use Coupon Code: THANKYOUhttps://teespring.com/stores/ruin-a-bad-guys-day-radio More Episodes: https://ruinabadguysday.podbean.com/ Who Should Listen? Fraud Managers and Investigators, Cybersecurity, Fraud Analysts, Law Enforcement Professionals, Risk Managers, E-commerce Managers, M-commerce managers, Finance Professionals, Chargeback Specialists, Call Center Agents, and IT/Operations. Disclaimer: Ruin a Bad Guy’s Day, LLC. The information provided in Ruin a Bad Guy’s Day/Skip Myers podcasts/webinars and accompanying material is for informational purposes only. It should not be considered legal or financial advice. You should consult with legal counsel or other professionals to determine what may be best for your individual or organizational needs. Ruin a Bad Guy’s D