| Term | Definition |
|---|---|
| Visa Fraud Monitoring Program (VFMP) |
The Visa Fraud Monitoring Program (VFMP) is a sytem set up by Visa to keep track of how many fraud claims are made against a merchant and incentivize those with high rates of fraud to find a solution to the problem. Merchants enrolled in the VFMP will have liability automatically assigned to them in fraud-related chargebacks without the possibility of appeal. Read more >>> |
