Chargebacks is a major problem for merchants, rules and regulations surrounding chargebacks can be confusing; becoming educated about these policies, which also includes the release of a new and upcoming regulations will help merchants to empower themselves.<\/p>\n
Visa\u00a0<\/strong>will make major changes to its chargeback rules document in January of 2016.<\/p>\n Traditionally, Visa has had two different excessive-chargeback programs for merchants:<\/p>\n 1. For Domestic U.S. transactions – known as the U.S. Merchant Chargeback Monitoring Program.<\/p>\n 2.\u00a0For international transactions – called the Global Merchant Chargeback Monitoring Program.<\/p>\n Each program had a different threshold and monitored transactions in different geographic regions (each with unique risk profiles), it has been possible for a merchant to qualify for one program but not the other.<\/p>\n