Chargebacks911-ACI Worldwide union to combat false chargebacks


A new partnership between risk mitigation company Chargebacks911 and electronic payment and banking solutions provider  ACI Worldwide are partnering to reduce illegitimate chargebacks.

In a release Chargebacks911 cited industry research stating most of the £80 billion in annual fraud losses is due chargebacks.

“We are excited to work alongside Chargebacks911 to offer ACI ReD Shield customers the best tools and capabilities to prevent fraud,” ACI Worldwide director of fraud product management Jackie Barwell said. “Merchants today are aiming to be more proactive with chargeback management, no longer accepting chargebacks, but successfully fighting them to protect their bottom line. We’re pleased to expand our merchant our merchant offering through this collaboration with a leader in chargeback mitigation.”