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  2. PayPal Addresses the Growing Cost of Online Fraud With ... - AOL

    www.aol.com/lifestyle/paypal-addresses-growing...

    According to a new study, “The Real Cost of Online Fraud,” conducted by the Ponemon Institute and sponsored by PayPal, organizations have been seriously affected in the ability to protect ...

  3. PayPal - Wikipedia

    en.wikipedia.org/wiki/PayPal

    PayPal states the Seller Protection Policy is "designed to protect sellers against claims by buyers of unauthorized payments and against claims of non-receipt of any merchandise". The policy includes a list of "Exclusions" which itself includes "Intangible goods", "Claims for receipt of goods 'not as described ' ", and "Total reversals over the ...

  4. 5 practical ways to keep your financial information and ...

    www.aol.com/finance/ways-to-protect-online...

    Venmo and PayPal offer purchase protection against fraud or broken items, but you must select the online purchase option when you send payment, and the dispute process can take a long time.

  5. How PayPal is using AI to combat fraud, and make it ... - AOL

    www.aol.com/paypal-using-ai-combat-fraud...

    John Kim, chief product officer for PayPal, spoke with The Associated Press about how the company is using the early proliferation of artificial intelligence technologies in its business, as well ...

  6. Chargeback - Wikipedia

    en.wikipedia.org/wiki/Chargeback

    PayPal Merchant charges $20 for each chargeback, when the transaction isn't covered by seller protection (regardless of whether or not it is the first) plus it will retain the original transaction fee. [2] In addition, Visa and MasterCard may levy severe penalties against acquiring banks that retain merchants with high chargeback frequency ...

  7. Card-not-present transaction - Wikipedia

    en.wikipedia.org/wiki/Card-not-present_transaction

    Card-not-present transactions are a major route for credit card fraud, because it is difficult for a merchant to verify that the actual cardholder is indeed authorizing a purchase. If a fraudulent CNP transaction is reported, the acquiring bank hosting the merchant account that received the money from the fraudulent transaction must make ...

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