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How effective is MaxMind in preventing different types of chargebacks?

April 26, 2017chargebacks different effective maxmind types

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How effective is MaxMind in preventing different types of chargebacks?

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MaxMind’s minFraud service is effective in flagging online purchases made with stolen card numbers. MaxMind’s service does not protect against “friendly” chargebacks where the cardholder placed the order, but later denies having placed the order and issues a chargeback. To help prevent “friendly” chargebacks, have the customer fill out a fax authorization with signature form.