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Why are VeriPayment.coms chargebacks so low compared with industry statistics?

April 26, 2017chargebacks Industry low statistics veripayment.com

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Why are VeriPayment.coms chargebacks so low compared with industry statistics?

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Our system and business practices were designed based on VeriPayment.com LTD Identity Verification Process. Unlike most industries, VeriPayment.com not only verifies the credit card but the identity behind the credit card as well, which limits any chances of fraudulent transactions to go through. VeriPayment.com issues a unique Verification Id number for each transaction processed and a unique verified account to each of its VeriPayment.com account holders.