Chargeback Insurance

Stop paying for losses related to chargebacks.

Even with the best risk management team and the latest risk mitigation tools, losses due to chargebacks still occur. Our uncollectable chargeback insurance provides an additional layer of protection. This policy extends protection to the Bank/ISO in case a merchant cannot cover their chargebacks.

The policy protects against losses from chargebacks including *:

• All chargeback reason codes
• Fraud committed by the Merchant
• Merchant going out of business

The policy provides the ability to quickly board merchants with $250,000 of coverage. Because the product is bundled with Chargeback Guardian's risk mitigation tools, both US domestic and International Banks and ISOs can participate.

This policy provides some distinct advantages:

• Banks/ISOs may pick and choose the merchants they want to add to the program.
• Reserves being held on covered merchants may be used for fines and fees without a reduction of policy benefits.
• Lower deductibles provide for greater opportunity to file a claim.
• Claims actually do get paid.
• This policy may be used in conjunction with other policies.
• Backed by worldwide insurer.