Visa Claims Resolution (VCR)

What is VISA Claims Resolution (VCR)?

Feb 23, 2018

Visa Claims Resolution (VCR) is an initiative to streamline workflows and standardize rules for chargeback and dispute resolution. The initiative is the most drastic update the payments industry has experienced in decades; however, all stakeholders--issuers, acquirers, processors, and merchants--are set to benefit.

Read More
Reason Codes for VISA VCR Revealed

What is Visa Merchant Purchase Inquiry (VMPI)?

Feb 22, 2018

Visa Merchant Purchase Inquiry (VMPI) is a chargeback and dispute prevention mechanism. It is one component of the new Visa Claims Resolution (VCR) initiative and helps fulfill the objective to streamline and simplify the dispute-resolution workflow.

Read More
Visa Claims Resolution (VCR)

How Will Visa Claims Resolution (VCR) Impact Your Business?

Jan 12, 2018

Visa Claims Resolution (VCR) will drastically change the way your business manages chargebacks. If you take action now, your business could see a significant reduction in disputes and a massive increase in ROI.

Read More
Reason Codes for VISA VCR Revealed

New VCR Reason Codes for Chargebacks & Disputes

Jan 25, 2018

The payments industry is on the brink of a revolution. Nearly everything about chargebacks and disputes will change--including new VCR reason codes. In an effort to streamline and simplify processes, Visa is phasing out the use of dispute reason codes with the new Visa Claims Resolution (VCR) initiative.

Read More
Visa Claims Resolution Collaboration vs Allocation

“Chargebacks” are Now “Disputes” and Other Big Term Changes

Jan 14, 2018

About the time that “chargebacks” gained widespread understanding, Visa went and changed everything! Here’s what you need to know about new terminology brought about by the Visa Claims Resolution (VCR) initiative...

Read More
8 Chargeback Resolutions

VCR Time Frames: New Dispute & Chargeback Time Limits

Feb 6, 2018

One of the primary goals of the Visa Claims Resolution (VCR) initiative is to reduce resolution time frames. Shortened VCR time frames have distinct benefits, but new chargeback time limits present some obvious challenges.

Read More
Visa Claims Resolution Collaboration vs Allocation

Visa Claims Resolution: Allocation and Collaboration Explained

Feb 10, 2018

Visa Claims Resolution (VCR) is changing the way the payments ecosystem manages chargebacks and disputes. One of the key components of VCR is the differentiation between allocation disputes and collaboration disputes.

Read More

Ready To Get Started with Midigator?

Request a demo today to learn how Midigator can help keep your business protected and profitable.