Bank / ISO Solutions

The Challenge

The challenges associated with compliancy, fraud, and chargebacks are reaching new heights. In the past each of these areas were treated as separate issues. Today, a holistic approach to mitigating risk must be employed in order to effectively protect ISOs/Banks from loss.

While ISOs/Banks hold the financial liability for their Merchants actions, the responsibility of: being compliant, minimizing fraud and reducing chargebacks have generally been left up to the Merchant. Most Merchants lack the knowledge, tools, and personnel to effectively manage these areas that produce the highest financial loss for ISOs/Banks.

Many ISOs/Banks offer what assistance they can to the Merchants, but most risk groups are understaffed and have more work than they can complete in a given day.

The Solution

Chargeback Guardian works with ISOs/Banks to help supplement their risk mitigation efforts. By focusing on the three core areas of risk and including insurance, Chargeback Guardian provides a complete analysis of the issues, supplies solutions to correct them, and provides greater protection from loss to the ISO/Bank.

The end result is that now ISOs/Banks can board more merchants