How to Prevent Crypto Scams Targeting Your Merchant Account
High-risk merchants in sectors like gambling, CBD, or adult entertainment turn to crypto for its speed and global reach, but so do fraudsters. Chargeback scams, crypto tumbling, and phishing attacks drain revenue, freeze accounts, and risk legal penalties. FastoSafe changes the game. Our crypto fraud prevention solution shields high-risk businesses with AI-driven detection, blockchain analytics, and real-time […]
Common Cannabis Business Frauds and Scams (And How FastoSafe Helps Prevent Them)
Cannabis businesses thrive in a booming market, but they’re also a magnet for fraudsters. Chargebacks drain profits, predatory payment processors freeze funds, and supplier scams risk legal nightmares. With traditional banks sidelining the industry and the FDA cracking down on non-compliant CBD products, many cannabis companies unknowingly partner with unreliable providers, amplifying their risks. The […]
How to Protect Your CBD Business from Friendly Fraud
Friendly fraud occurs when customers dispute legitimate transactions, leaving your business drowning in chargeback fees, damaged reputations, and lost revenue. Plus, with CBD already labeled a “high-risk” sector, even a few false claims can cripple your ability to process payments By understanding the risks and deploying targeted strategies, CBD merchants can fight back. This article […]
Escort Services Payment Scams: Get Chargeback Alerts and Protect Your Revenue
Chargeback rates in the escorts services industry can be significantly higher than in other sectors, often driven by customer embarrassment, privacy concerns, or buyer’s remorse. Chargeback alerts provide a critical defense mechanism by giving merchants advance warning of potential disputes. This early intervention allows you to address customer concerns directly before formal chargeback proceedings begin, […]
OTAs and Airlines Fraud Prevention: Fight Payment Fraud with 3D Secure and Chargeback Prevention
Payment fraud hits travel companies harder than most industries. While merchants across sectors struggle with fraud, airlines and OTAs face unique challenges: high-value transactions, long fulfillment windows, and chargeback rates triple the industry average. This guide cuts through the noise about travel and airline fraud prevention to focus on what actually works. We examine how combining 3D […]
Fraudulent Chargebacks Are Draining Your Revenue: Here’s How to Fight Back
Fraudulent chargebacks are not random events. They are signals about weaknesses in your business model. Each disputed transaction reveals gaps between customer expectations and your actual service delivery. Successful businesses do more than fight chargebacks. They listen to them, using each dispute as a map to improve their customer experience. These incidents expose where your service breaks […]
Are you on the TMF/MATCH List? This Service Helps You Get Approved Again
You’ve just been denied a merchant account, now what? If your business is on the MATCH List (Member Alert to Control High-Risk Merchants) or Terminated Merchant File (TMF), banks view you as high-risk, blocking access to standard payment processing. This often comes as a shock to merchants who may not even realize they’ve been listed […]
How to Get a Chargeback Insurance for Your High-Risk Business Today
Chargeback insurance pays you back for fraudulent disputes and helps prevent them. To get chargeback insurance for your high-risk business today, start by researching providers that specialize in your industry. Next, gather documentation showing your transaction volume, chargeback history, and current fraud prevention measures. Be thorough in your documentation, including at least 3-6 months of processing statements […]
How to Win More Chargeback Disputes (+Top Payment Dispute Resolution Service)
Chargebacks threaten high-risk businesses with lost money, closed accounts, and higher fees. Most merchants can’t fight back effectively, leading to more problems. But you can win by collecting better evidence, understanding processor rules, and avoiding mistakes. The benefits of reducing chargebacks extend beyond recovering lost revenue. As Dennis, the CEO of Fasto puts it: “Chargeback dispute resolution isn’t just […]
What Is 3D Secure Card Authentication & Do You Need it?
If you’re a merchant, 3D Secure (3DS) is something you should pay attention to. Imagine a world where every transaction feels a tad safer, where you can breathe a bit easier knowing there’s an added layer against potential fraud. That’s 3D Secure for you. Online payment fraud is skyrocketing, with “consumers reported losing more than […]
