Erik Deckers

Understanding Visa’s Dispute Monitoring Program (VDMP) and Fraud Monitoring Program (VFMP)

On October 1, 2019, Visa changed their threshold levels on their two monitoring programs, the Visa Dispute Monitoring Program (VDMP) and the Visa Fraud Monitoring Program (VFMP), and it has had a major effect on merchants of all kinds when it comes handling chargebacks and fraud.

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Pre-Dispute Resolution Solutions from Verifi

One way for companies to reduce chargebacks is to prevent them from ever happening in the first place. Another way is just to fight every dispute that comes your way, regardless of size and amount. That’s because chargebacks count against your dispute ratio, and if you get enough of them, you’ll be placed in your card networks’ monitoring services which means you pay a higher percentage of all your transactions.

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