Fraud Related Chargeback Insurance Service
Requirements to Add Service:
2. A fee of .60% will be assessed each month on the merchants total processing volume
(drafted on or around the 5th day of the following month).
Program Requirements to Qualify for Insurance:
1. Guaranteed up to $500 per instance (up to a maximum of $1000 per month.)
2. The transaction must be processed on a certified Axe Payments terminal.
3. The transaction must include the zip code and CV/CVV number that matches the card used.
4. The product being purchased must be shipped to the billing address as associated with the card being used.