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True Fraud
The Reach Network
14 episodes
5 months ago
Payments fraud doesn't begin and end with stolen credit cards. There are sophisticated international networks of criminals who dedicate their entire lives to scheming and scamming merchants and consumers for every cent that they can extract. But there are also experts in the payments fraud field who are actively fighting back. True Fraud features real-life stories of the battles that are raging across the world, one transaction at a time.
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All content for True Fraud is the property of The Reach Network and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Payments fraud doesn't begin and end with stolen credit cards. There are sophisticated international networks of criminals who dedicate their entire lives to scheming and scamming merchants and consumers for every cent that they can extract. But there are also experts in the payments fraud field who are actively fighting back. True Fraud features real-life stories of the battles that are raging across the world, one transaction at a time.
Show more...
Business
Education
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Recurring Payments: Reducing Fraud Risk for Clean Subscription Revenue
True Fraud
24 minutes
8 months ago
Recurring Payments: Reducing Fraud Risk for Clean Subscription Revenue

In this episode of True Fraud, host Pablo Torres dives deep into the world of recurring payments and subscription models. He explores the convenience of subscription-based payments and the reduced risk of merchant initiated transactions (MITs).

However, although this business model has its’ upsides, Pablo explains the challenges that can occur for your business and the snowball effect of chargebacks or customer complaints when subscription business don't manage key aspects of their business.

Key topics include: 

  • Defining recurring payments and how they differ from one-time payments.  
  • The importance of distinguishing between customer-initiated transactions (CITs) and merchant-initiated transactions (MITs). 
  • Strategies for mitigating fraud risk in recurring payment systems.
  • The potential for increased chargebacks and disputes, especially with unclear subscription models. 
  • The impact of clear descriptors on preventing fraud and chargebacks. 


Resources & Links:
Learn more about Reach: https://www.withreach.com/
Find more cross-border ecommerce knowledge https://www.withreach.com/network

🎧 Tune in now and follow True Fraud for more expert takes on financial security. 

True Fraud
Payments fraud doesn't begin and end with stolen credit cards. There are sophisticated international networks of criminals who dedicate their entire lives to scheming and scamming merchants and consumers for every cent that they can extract. But there are also experts in the payments fraud field who are actively fighting back. True Fraud features real-life stories of the battles that are raging across the world, one transaction at a time.