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July 5, 2022
Finance Technologies

EPA considers relaxing chargeback rules amid coronavirus

The Emerging Payments Association (EPA) says it will work with card schemes “to consider relaxing the thresholds and policies in relation to chargebacks and fraud levels”, to help businesses struggling with the volume of refunds during the coronavirus. The EPA says the rule relaxation is necessary as merchants undergo a period of higher chargebacks than usual The UK-based commercial payments organisation published a whitepaper this week laying out the actions it will take within the payments industry to help people and businesses worst affected by changes in payments behaviour due to the virus. Over the last two weeks, the paper…
EPA considers relaxing chargeback rules amid coronavirus

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