Merchants, do you know about TC40 and SAFE? No, they aren’t the droids from the new Star Wars movie. They’re part of Visa and Mastercard’s credit card fraud monitoring programs, and while it’s quite possible that you haven’t had to deal with TC40 and SAFE data firsthand, you might be generating a lot of it without even knowing it. Knowing how and why this data is collected can give you insights into how fraudsters might be targeting your business. In this FAQ we’ll try to answer the most pressing questions merchants have about TC40 and SAFE, including the most important one: can they help you avoid chargebacks?

What is TC40 Data?

TC40 Data is a Visa record containing information regarding consumer fraud claims. While it does not prevent chargebacks or fraud, merchants may be able to glean valuable insights from these reports.

Full Text:
https://www.chargebackgurus.com/blog/faq-fraud-monitoring-with-tc40-and-safe

©Chargeback Gurus 2020
Production: Tyler DeLarm
Narration: Sarah Rife