Issuer Alerts Technique Course & Data Sheet
- Credit card chargebacks can cost merchants large amounts of money in fees, and in extreme cases with many chargebacks a merchant’s account might be closed down, crippling the organization’s ability to handle credit card transactions. For some merchants the crippling effect of chargebacks can lead to restrictive prescreening business practices that can impact sales conversion. Credit card issuer alerts offer merchants a monitoring technique to manage some chargebacks post transaction, but before they are realized as chargebacks, allowing them to feel more comfortable with reduced fraud restrictions pre-purchase.
Credit Card issuer alerts have been around for several years, but many merchants and issuers are still not aware of how and where issuer alerts apply, and they aren’t familiar with what vendor options and capabilities are available in the market. The Fraud Practice has combined industry research with practical experience using credit card issuer alerts to produce this online course and data sheet dedicated to the credit card issuer alerts fraud technique.
Key Concepts Covered:
After completing this course you should be able to answer and discuss the following questions:
(1) What are Issuer Alerts and what can I do with it? (2) Who are the vendors that offer Issuer Alert services and how are they different? (3) How and where do Issuer Alerts fit into a risk program? (4) How long does it take and how easy it to implement Issuer Alerts?
Training Objectives:(1) Understand and be able to define what Issuer Alerts are as well as the market need that Issuer Alerts address. (2) Be able to discuss how Issuer Alerts work, the strengths and weaknesses of Issuer Alerts as a fraud prevention technique, and where Issuer Alerts sit in the context of an overall risk management program or strategy. (3) Become familiar with the market for Issuer Alerts and the vendors that offer this service while understanding various vendor approaches and practical applications of Issuer Alerts.
Expected time to complete training: 30 minutes
Prerequisites: This is considered an Introductory level course, but individuals should first become familiar with Issuer Alerts before beginning this course.
The Fraud Practice's Online Portal and Training Courses:
Enroll Now for $25 This training course is available online and can be started today.
Enrollment is easy and takes just a few minutes. You'll first need an account in our online training portal which can be created here. This free account can then be used to register for any of The Fraud Practice's online training courses or Certification Tracks. With lessons available online 24x7, you are able to begin the Issuer Alerts Technique Course and Data Sheet online immediately after enrolling.
Course Access: Unrestricted
Course Availability: Online, In-House and Webinar
Pricing & Online Enrollment: Take this course for only $25 by Enrolling Now.
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