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In this eye-opening episode of the Fraudology Podcast, host Karisse Hendrick dives deep into the controversial new Visa Acquirer Monitoring Program (VAMP) set to launch on April 1st. Fresh from attending the Merchant Risk Council's annual conference in Las Vegas, Karisse shares exclusive insights on how this program is causing major concern among merchants and acquirers.
She breaks down the complex VAMP ratio calculation, explaining how it combines TC40 fraud alerts and TC15 non-fraud disputes, and details the strict new thresholds that could lead to hefty fines. Karisse highlights a crucial last-minute change announced by Visa: popular chargeback deflection methods like Rapid Dispute Resolution (RDR) and CDRN alerts will no longer exclude transactions from the VAMP ratio for fraud-related disputes.
This unexpected shift is leaving many scrambling to adjust their strategies with little time before implementation. The episode also explores potential conflicts of interest, as Visa's Order Insight emerges as the only product capable of deflecting TC40s and TC15s.
Don't miss this critical update on a program that could significantly impact the e-commerce fraud landscape. Tune in now to arm yourself with the knowledge you need to navigate these upcoming changes.
Related Article:
https://www.chargebackgurus.com/blog/visa-announces-new-change-to-vamp-rules
Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line.
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She brings her experience, expertise, and extensive network of experts to this podcast weekly, on Tuesdays.
Fraudology Podcast with Karisse Hendrick