Payments News

Visa to Acquire Verifi

Jun 28, 2019

Expanded chargeback capabilities will deliver greater transparency and insight to help buyers and sellers resolve disputes quickly

SAN FRANCISCO–(BUSINESS WIRE)–Jun. 28, 2019– Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Verifi, a leader in technology solutions that reduce chargebacks. The combination of Verifi’s best-in-class dispute resolution tools with Visa’s suite of risk and fraud management solutions will give buyers and sellers intelligent, data-driven tools that foster collaboration, build trust, and improve the overall customer experience. With the addition of Verifi, Visa will extend its chargeback and dispute resolution capabilities to support a broad range of payments brands and partners across the ecosystem.

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