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NewsBriefs

This article contains excerpts from news stories recently posted under Breaking Industry News on many areas discussed include how
our homepage. For links to these and other full news stories, please visit www.greensheet.com/ merchant level salespeople can tailor
breakingnews.php. vertically focused POS solutions
to the unique requirements of
clients and prospects, how Clover is
leveraging the BNPL trend, and how
Clover's self-attended features solve
staffing shortages.
Visa updates chargeback rules to help merchants Fresh focus, ideas

Visa is updating its chargeback rules to help merchants combat friendly define SEAA 2022
fraud, sometimes referred to as "first-party" fraud. Beginning in April 2023, The Southeast Acquirers Association
if a merchant believes a disputed transaction is valid, and they can provide
additional information evidencing this, the dispute will be rejected. Additional returned to Transaction Alley for its
21st annual conference, held June
information might include the customer using the same card for previous
purchases from the merchant, login credentials and proof of use of the product. 13 to 15, 2022, at Lowes Midtown
Atlanta. SEAA board member Derek
Visa said the change was made in consultation with the Merchant Risk Council,
which represents ecommerce and payments professionals, and the Merchant Vowels said more than 1,200 people
attended. "The breakout sessions were
Advisory Group, a merchant trade group.
packed, and the crowd thoroughly
Green Sheet interviews Clover's Dan Bjerke enjoyed our keynote speaker, Erik
Qualman, a best-selling author and
Payments industry innovations have made advanced technologies available popular speaker," Vowels said. "On
to small and midsize businesses across the United States, and many of these behalf of the SEAA board, I want to
solutions manage more than payment processing. The Green Sheet discussed thank all of our sponsors, exhibitors
POS technology trends with Dan Bjerke, senior vice president and general and attendees for making SEAA 2022
manager of the Clover POS and business management system. A few of one for the record books." Vowels,
who serves as director of partner
solutions at Aliaswire, also noted that
Qualman's keynote and other SEAA
presentations illuminated new ways
to transact.

Real-time payments
making POS debut

Sionic introduced Pay-by-Bank, the
first-ever real-time payments service
for the POS. The service uses RTP, the
real-time payments network built by
TCH, a payments company owned by
the nation's largest banks, to support
instant bank-to-bank transfers.
Ron Herman, founder and CEO of
Sionic, described the service as part
of "the great reallocation" of digital
payments—a reallocation of card
payments to real-time transactions.
He also described it as an inflation-
fighting move for merchants. "This
is a good step forward in helping
merchants combat inflation," Herman
said in a press release. "From local
businesses to global enterprises,
merchants continue to be plagued by
credit card fees," he said, adding that
it's not just merchants, consumers,
too, are paying a lot in credit card
interest and late fees.

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