12-09-2023 07:25 via news.slashdot.org

Credit Card Disputes Keep Rising at Visa as E-Commerce Booms

Credit card disputes at Visa continued rising past their pandemic boom despite the proliferation of prevention software, as fraud grows alongside e-commerce and inflation. From a report: Disputes on Visa's network rose to more than 90 million in 2022, data provided by the payment company showed. More than 70 million disputes were filed in 2019, Visa said in a presentation, before rising 24% in 2020 during the pandemic and about 2% a year in 2021 and 2022.
Despite being easy for consumers to file
Read more »