MasterCard Chargeback Reason Codes
MasterCard Chargeback Reason Codes
MasterCard Reason Codes
MasterCard Reason Codes
MasterCard uses four-digit numbers for their chargeback reason codes, each beginning with 48 as the first two digits. Some acquirers, processors or PSPs may just provide the last two digits of the reason code in their data reporting, as that is all that is needed to distinguish between the reason codes and recognize the chargeback description.
MasterCard eliminated some reason codes while condensing or combining others in 2016. There are now 19 different reason codes and while MasterCard does not group or categorize these in a way like Visa disputes, we have organized these into four similar groups below.
MasterCard uses four-digit numbers for their chargeback reason codes, each beginning with 48 as the first two digits. Some acquirers, processors or PSPs may just provide the last two digits of the reason code in their data reporting, as that is all that is needed to distinguish between the reason codes and recognize the chargeback description.
MasterCard eliminated some reason codes while condensing or combining others in 2016. There are now 19 different reason codes and while MasterCard does not group or categorize these in a way like Visa disputes, we have organized these into four similar groups below.
Fraud Related Chargeback Reason Codes
Fraud Related Chargeback Reason Codes
Title
Title
Title
Webinar
User Credentials are Not Secured with 2FA Alone
This webinar was held on October 23, 2024. Hosted by myNetWatchman Founder and Chief Innovation Officer Lawrence Baldwin and The Fraud Practice’s Justin McDonald. This webinar discusses user-friendly, more nuanced and passive strategies to address risk at the login event to improve user experience and reduce friction from overuse of two factor authentication. While organizations must strike a balance between mitigating risk and maintaining an optimal consumer experience, there are strategies that can both fortify defenses against account takeover while simultaneously ensuring a smoother login process. Put more emphasis on securing the first factor: the password.