EasyPayWay Blog Payment Gateway Blog For Bangladesh

EasyPayWay.Com has a great role to play in promotion of ecommerce payment gateway in Bangladesh. The presence of this website is sufficient enough to guarantee safety and security of all the transactions of the customers. The website ensures that the business of all its merchants runs online with a high ease. Payments are accepted and made without any botheration. As ... Read More »

It’s been a while since we’ve posted anything on chargebacks on our blog. In fact, I think this must be our longest chargeback-free spell. So I was hugely relieved to find out that the good people at Card Hub have published a report on the controversial issue, in the process giving me a perfect excuse to dive into the subject once more. And I ... Read More »

A chargeback is a process through which a card issuer charges the whole transaction amount or part of it back to the processing bank, in effect reversing the associated sales transaction. This reversal may be prompted by a number of reasons, which could cause the issuer to determine that the transaction is not valid. Each credit card association (i.e. Visa or MasterCard) and ... Read More »

Each chargeback is identified by a code that specifies the reason why an issuer is disputing a transaction’s validity. Visa and MasterCard use different Reason Codes and often a code used by one of the Associations does not have an exact equivalent with the other. Visa’s Reason Codes are two-digit numbers, while MasterCard uses four-digit numbers. This article will review ... Read More »

Yesterday we reviewed MasterCard’s Chargeback Reason Codes and today we will do the same for Visa’s. Reason Codes are two-digit (for Visa) or four-digit (for MasterCard) numbers that the two credit card networks use to identify the reason an issuer is disputing the validity of a particular transaction. Visa’s chargeback reasons are organized into six general groups: Non-receipt of information. Fraud. Authorization error. Processing ... Read More »