'Friendly fraud' is when customers falsly dispute a credit card purchase and receive a refund [Getty Images] Businesses across the UK have reported a rise in so-called "friendly fraud", or chargeback ...
Chargebacks are a common issue, especially in the banking sector. It happens when any purchase or payment gets reversed, and the customers get their amount back because of the initiated dispute with ...
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The card scam causing 'real harm' to businesses
Businesses across the UK have reported a rise in so-called "friendly fraud", or chargeback scams, where customers tell their credit card companies they haven't made the purchase listed on their ...
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