chargebacks

With EMV chip card technology, merchants can effectively tokenize payment data instead of transmitting the cardholder’s actual data, making it hard for fraudsters to hack and duplicate such information. But has it worked? And what are the downsides of EMV in fighting fraudulent chargebacks?...

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With EMV chip card technology, merchants can effectively tokenize payment data instead of transmitting the cardholder’s actual data, making it hard for fraudsters to hack and duplicate such information. But has it worked? And what are the downsides of EMV in fighting fraudulent chargebacks?