It also enables B4's clients to utilise Midigator's renowned chargeback representment
technology, which has the industry leading success rate in recovering revenue.
* Automated Chargeback Download, Management and Representment
For example, a motor vehicle insufficient fund check goes through the following status changes: electronic "representment" by a vendor, 30 days; department letter, the next 15 days; collections unit letter, the next 15 days; sheriff's office tag removal, the next 45 days; district attorney letter, the next 45 days; cancellation with the State of Kansas, the next 15 days; and, finally, district attorney prosecution, if evidence and witnesses are available.
A key element is alternative payment methods (see Exhibit 2), an important component of which is using an electronic "check representment" service.
find sufficient evidence to return the transaction to the ISSUER, then this takes place in the form of a representment
(see below) to the ISSUER.
"The mystery is both sacrifice and sacrament and the consequence of faithful reception is new life in Christ: For, as it is a commemoration and representment
of Christ's death, so it is a commemorative sacrifice; as we receive the symbols and the mystery, so it is a sacrament.
To leap across it, Sir Henry has recourse to another arena in which the seeing of a narrative composition leads to an emotional response from the viewer: "Affection is the Liuely Representment
of any passion whatsoeuer, as if the Figures stood not vpon a Cloth or Boorde, but as if they were acting vpon a Stage; And heere, I must remember, in truth with much marueile, a note, which I have receiued, from excellent Artizans, that though Gladnesse, and Griefe, be opposites in Nature; yet they are such Neighbours and Confiners in Arte, that the least touch of a Pensill, will translate a Crying into a Laughing Face."(35) The theater is an emblem of both visual three-dimensionality and emotional variety.
Comprised of three products working in sequence - Ethoca Eliminator, Ethoca Alerts and Enhanced Representments
- this layered defensive system improves the customer experience while simultaneously reducing fraud and chargebacks and boosting transaction acceptance.
Key features of the platform include automated chargeback prevention alerts, intelligent chargeback representments
with industry win-rates and real-time data analytics and reporting.
Visa selected Alaska USA for the Highest Chargeback Effectiveness Rate award based on the efficiency in processing exception items and lowest percentage of chargebacks returned as representments
, as well as Alaska USA's successful evaluation of potential chargebacks, processing them only once and using the correct chargeback reason codes.
More than half of these ACH check representments
(about 12 million) were themselves returned.
(37.) It is not known how many of these returned check representments
were themselves re-presented.