- Introduction to Visa Disputes and Chargebacks:
- Understanding Visa Disputes:
- Definition and significance of Visa disputes.
- Key participants in the dispute resolution process.
- Common Scenarios Leading to Disputes:
- Common Dispute Scenarios:
- Overview of typical situations leading to Visa disputes.
- Real-life case studies illustrating dispute scenarios.
- Identifying Trouble Areas:
- How to recognize potential problem areas in transactions.
- Preventing disputes through proactive measures.
- Prevention and Resolution Strategies:
- Preventing Disputes:
- Strategies for preventing disputes before they occur.
- Best practices for risk mitigation.
- Effective Dispute Resolution:
- Steps and procedures for handling Visa disputes.
- Strategies for efficient and customer-friendly resolution.
-Record-keeping and Documentation:
- Importance of Documentation:
- The crucial role of transaction records in dispute resolution.
- Types of documentation needed for various dispute scenarios.
- Organizing Records:
- Best practices for organizing and maintaining transaction records.
- Ensuring easy retrieval and accessibility.
- Visa Regulations and Compliance:
- Understanding Visa Regulations:
- An overview of Visa's official dispute resolution rules and guidelines.
- Importance of adherence to Visa regulations.
- Consequences of Non-Compliance:
- Consequences and penalties for non-compliance with Visa regulations.
- How to stay up-to-date with Visa's rule changes.
- Effective Communication and Customer Service:
- Customer Communication Skills:
- Developing strong communication skills for effective dispute resolution.
- Strategies for dealing with irate customers and difficult situations.
- Maintaining Customer Satisfaction:
- Methods for resolving disputes while ensuring customer satisfaction.
- The role of empathy and professionalism in customer service.
- Legal and Regulatory Framework:
- Legal Aspects of Card Transactions:
- Introduction to the legal and regulatory framework governing card and POS transactions.
- Rights and responsibilities of merchants and customers.
- Protecting Parties
- How legal protections benefit both merchants and customers in dispute cases.
- Compliance with laws and regulations for dispute resolution.
- Performance Metrics and Data Analysis:
- Key Performance Metrics:
- Identifying and understanding key performance metrics for monitoring dispute handling.
- Using metrics to evaluate performance.
- Data Analysis:
- Analyzing data to identify areas of improvement and potential trends.
- Making informed decisions based on data analysis.
- Interactive Learning and Practice:
- Group Discussions:
- Learning from real-life examples and group discussions.
- Sharing experiences and best practices among participants.
- New recruited employees looking to build a strong foundation in the banking industry.
By the end of this training course, trainees will be able to :
- Identify what Visa disputes are and why they occur.
- Describe the basics of chargebacks and their role in card and POS transactions.
- Identify common situations that lead to disputes and chargebacks.
- Discover practical strategies to prevent disputes and resolve them effectively.
- Identify the importance of maintaining proper documentation for dispute resolution.
- Identify Visa's rules and regulations related to dispute handling.
- Develop customer service and communication skills for resolving disputes.
- Explore the legal and regulatory framework that governs card and POS transactions.
- Specify key performance metrics and how to use data for improvement.
- New recruited employees looking to build a strong foundation in the banking industry.