Visa to Launch New VCR Process— What Retailers Should Expect

Visa is only three months away from launching an update of their dispute settlement process—the Visa Claims Resolution (VCR). And in attempt to help retailers understand the new adjustments, Chargebacks911 (a.k.a. The Chargeback Company) is already advising retailers on what to anticipate.

The updated VCR is intended to change the worsening chargeback situation. Universal card fraud losses may double (from 22.8bn to 43.8bn) between 2016 and 2025 period— as disclosed by the Nilson Report. Surprisingly, “friendly fraud” or scam committed by customers account for the majority of these losses. And because the dispute process is the only way merchants can fight friendly fraud, many begun waiting with bated breath when Visa promised to augment chargeback resolution.

With the edited Visa Claims Resolution scheduled to get underway as of April 15, 2018, Chargebacks911 is already breaking down the process to simplify things for acquirers & merchants— and advising them on the new requirements. According to Monica Eaton Cardone, Chagerbacks911’s Chief Operating Officer, the VCR is only as effective as the retailers’ understanding and preparedness for it.

The main changes VCR has made include;

• Shortening dispute resolution procedure to speed up the process
• Categorize reasons into codes as MasterCard did in their 2015 initiative.
According to the Chargeback Company, here’s how the VCR will likely impact your business and how to get ready for the changes.

1-Reason Code 75 has been eliminated

The “Chargeback reason code 75” which deals with “Unrecognized Transaction” has been removed. In the new VCR, issuers are expected to acquire much of the information they need from cardholders and scrutinize it before filing a chargeback claim, which is an advantage for merchants. Even though this move may not do away with any extra chargebacks, it will make sure the cases are well coded and give retailers more precise insights into claims.

2- Variation in codes across Card Issues may lead to more errors

With these amendments, retailers can no longer rely on almost-matching reason codes to help them spot and decode chargeback disputes. Business owners that utilize outdated systems or those without in-house professional know-how will suffer most.

3- There’s an additional fee (fine) for retailers who fail to present dispute data on time

A merchant who fails to give dispute information within the stipulated time frame will pay an extra fee. Visa added this rule to ensure more merchants adopt their VCR process. The card issuer has stated that retailers who don’t take part in dispute activity will automatically forfeit their chargeback dispute rights and may pay a higher fee.

The response time for a dispute is being reduced by almost half. At present, Banks have 45 to 100 days. This matches up the 15-day window most banks inflict on retailers. However, VCR’s more advanced process intends to reduce this window by 50 percent, with talks in progress to cut it down to only 20 days come October 2018.

Author Bio: Electronic payments expert Taylor Cole is a passionate entrepreneur who enjoys to write, Read More

What to Know about Trade Show Fixed Wireless Point-to-Point Bandwidth

Fixed wireless internet, also known as point to point microwave is a good technology that can be used to offer bandwidth for events. One of the advantages of the fixed wireless point to point bandwidth from Trade Show Internet is that it can be set up quickly. It is not invasive at all and as such, it can be used in venues such as hotels and conference rooms without interfering with the existing networks in the venues. You can visit https://tradeshowinternet.com/services/4g-internet-kit to learn more.

Now, when you order for the fixed wireless internet from Trade Show Internet, you will have it fixed at your venue in the shortest time possible. This can be done in one to three days after you make the order. You will also be happy to note that TSI has a nationwide coverage of the fixed point to point wireless broadband. As such, you can benefit from this service wherever you are in The United States.

You will benefit from the asymmetrical speeds that this bandwidth offers. You can get 25×25 Mbps up to 1×1 Gbps, which is definitely enough bandwidth to serve any number of clients or attendees that you may have in your event. To learn more, visit https://tradeshowinternet.com/services/event-WiFi website.… Read More

Techniques that supermarkets use to encourage spending

With the average UK consumer making 221 trips to the supermarket every year, there’s plenty of opportunity for these stores to make use of clever ways to increase consumer spend. In fact, millions has been invested to figure out how to make shoppers buy more.

Layout

Just the way that stores are designed can increase the amount a customer will spend. For example, many supermarkets encourage impulse buys by stocking magazines and chocolate or chewing gum at the checkouts. Special offers are often at the end of an aisle so they get maximum visibility, as discussed in The Independent, and this clever tactic could be amplified by the use of digital signage.

Another method is placement of fruit and vegetables. These items are often at the front of store, which arguably doesn’t make sense, as they’re more likely to get bruised. However, it has been shown that shoppers are in a better mood if they buy healthy food first and more likely to pick up treats as they go round.

Appealing to all senses

Supermarkets utilise marketing for all the senses to encourage purchases. Some are well known, such as having a bakery to give the smell of freshly baked bread permeating the entire store, driving baked goods sales. There is clearly a lot to look at in these stores, with food on all sides and premium products placed at eye level. Moodmedia provide digital signage that can enhance this effect. Music also has a significant impact on shopping behaviour and it appears that playing slow music means people move more slowly and spend longer on their shop. In terms of taste, free food samples can hugely increase sales of a product.

Pricing

With data from Kantar Worldpanel indicating 40{61b3d31998176e5dceb856580a549ae810c3a1adebdea297a49ad24371ab867d} of groceries sold in the UK are on promotion, it’s clear consumers are lured by a bargain, but it appears supermarkets sometimes use inventive pricing strategies to encourage spending. Multibuy deals are popular, but shoppers can be tempted even if the individual items have increased in price prior to the offer. It can be difficult for customers to compare product prices accurately when shops show some item prices in kilograms and others in grams.

With this many tricks up their sleeves, it’s no wonder there are so many trips to the supermarket every year for the average consumer.… Read More

8 Ways To Wear Micro Mini Dresses Without Looking Trashy

Throughout winter, you have been covering your legs and now it’s time to give them some breathing space. So you found hot micro mini dress but are not sure about how much skin to flaunt. A possible option is to wear tight but then the weather is too hot for that. Find out ways to style that sexy dress without troubling your legs with tights and still look elegant.

 

  1. Don’t forget the undergarments

It doesn’t matter how fancy or free-styled you are. Make sure that you put on the most appropriate undergarments when wearing a mini gown. Find some comfortable underwear that give sufficient coverage. Look for shape wears to give a controlled silhouette around the bust, hips and thighs.

 

  1. Consider the occasion

Micro-mini dresses for sale are of course short but the formality of an event should dictate the actual length and design. For a more formal occasion, choose a dress that is not too tight. Remember that you will have to sit down at some point and you don’t want to face awkwardness as you fidget on a chair trying to pull down a tight mini which keeps on moving up your waist. Be practical and choose a comfortable little dress.

 

  1. Menswear-inspired look

Try putting on a blazer on top of the tiny dress. The look is sexy and at the same time down-to -earth.

 

  1. Bodycon mini skirt and asymmetrical top

Giving more coverage to one side is like placing the hem line at the mid-point. This takes care of the small length.

 

 

  1. Long jacket

In any case you feel uncomfortable with your behind, throw on one of your light but long jackets. Leave the jacket open in order to flaunt the legs while your back remains covered.

 

  1. Bodysuit

A bodysuit will enhance your shape by keeping it definite. You don’t have to worry about the underwear if you are in a bodysuit.

 

  1. Pull out some casual flats

Flats are great way to downplay a short dress. It would even be better if paired with other casual pieces like denim jackets or flat boots.

 

 

  1. Choose opaque materials

Ensure that the small dress is thick enough so that the skin under it is not revealed. If you feel that the material is translucent, put on a shift underneath.

 

Short dresses are not designed the same way. Some are bodycons, while others flowy. You should consider your body shape and size before picking one. For huge women, plus size micro mini dresses and A-line mini dresses are the best options. If your legs are straighter, choose a dress with more flow to help her legs look more feminine. It is vital to wear a dress that defines your age.

 

 … Read More

8 Ways To Wear Micro Mini Dresses Without Looking Trashy

Throughout winter, you have been covering your legs and now it’s time to give them some breathing space. So you found hot micro mini dress but are not sure about how much skin to flaunt. A possible option is to wear tight but then the weather is too hot for that. Find out ways to style that sexy dress without troubling your legs with tights and still look elegant.

  1. Don’t forget the undergarments

It doesn’t matter how fancy or free-styled you are. Make sure that you put on the most appropriate undergarments when wearing a mini gown. Find some comfortable underwear that give sufficient coverage. Look for shape wears to give a controlled silhouette around the bust, hips and thighs.

  1. Consider the occasion

Micro-mini dresses for sale are of course short but the formality of an event should dictate the actual length and design. For a more formal occasion, choose a dress that is not too tight. Remember that you will have to sit down at some point and you don’t want to face awkwardness as you fidget on a chair trying to pull down a tight mini which keeps on moving up your waist. Be practical and choose a comfortable little dress.

  1. Menswear-inspired look

Try putting on a blazer on top of the tiny dress. The look is sexy and at the same time down-to -earth.

  1. Bodycon mini skirt and asymmetrical top

Giving more coverage to one side is like placing the hem line at the mid-point. This takes care of the small length.

  1. Long jacket

In any case you feel uncomfortable with your behind, throw on one of your light but long jackets. Leave the jacket open in order to flaunt the legs while your back remains covered.

  1. Bodysuit

A bodysuit will enhance your shape by keeping it definite. You don’t have to worry about the underwear if you are in a bodysuit.

  1. Pull out some casual flats

Flats are great way to downplay a short dress. It would even be better if paired with other casual pieces like denim jackets or flat boots.

  1. Choose opaque materials

Ensure that the small dress is thick enough so that the skin under it is not revealed. If you feel that the material is translucent, put on a shift underneath.

Short dresses are not designed the same way. Some are bodycons, while others flowy. You should consider your body shape and size before picking one. For huge women, plus size micro mini dresses and A-line mini dresses are the best options. If your legs are straighter, choose a dress with more flow to help her legs look more feminine. It is vital to wear a dress that defines your age.

 

 … Read More