Industry News Brought to You by Institute of Commercial Payments: News - Industry

Mastercard Expands Effort to Curb "Friendly Fraud" Globally

Wednesday, July 9, 2025   (0 Comments)
Posted by: Sierra Lindemann
Mastercard is expanding its First-Party Trust program beyond the U.S. to regions including Canada, Latin America and Asia Pacific in response to rising first-party—or “friendly”—fraud. With chargebacks projected to cost merchants $42 billion by 2028, the program aims to reduce disputes by improving data-sharing between merchants and issuers.

members and subscribers READ MORE

not a member? jOIN NOW


© Copyright 1999 - 2025. All Rights Reserved

Choose Email Preferences