A Short Guide to Payment Processing Errors and How to Avoid Them
As we all know, fraud is one of the main sources of chargebacks. Retailers cannot underestimate chargebacks caused by personal errors in payment processing. Merchants are generally liable for chargebacks, which means they cannot be processed following an incident through the impersonation process. The only way to avoid them is not to associate with them at the beginning of the process.
The payment process consists of different phases where the payment processor, retail banks, payment processors and card services work together to verify cardholder identity and confirm authorization details to ensure that debit card transactions are safe, reliable and secure.
https://blog.onion-pay.com/a-b....rief-guide-on-paymen
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