Chargeback Reduction Plan

We will research, complete, and present, a comprehensive review of your current chargeback reduction activities and a plan for reducing chargeback volumes.  The purpose of the review, which will include an evaluation of fraud prevention functions as well as other functional areas that impact chargeback rates, is to identify and clearly document the current situation.  The purpose of the Chargeback Reduction Plan (CRP) is to document for you, your acquirer, and the appropriate associations, FMI’s recommendations for further reducing the volume of chargebacks.