payabl. Expands Visa Tie-Up With Real-Time Dispute Tools

Chargebacks can force merchants to refund transactions, absorb processing costs and devote staff to disputes arising from fraud claims or disagreements over goods and services. European fintech provider payabl. is expanding its partnership with Visa to give merchants in the UK and European Union faster access to dispute-management capabilities, aiming to resolve cases earlier and reduce the financial and operational risks associated with costly chargebacks.

payabl. said the expanded partnership will provide real-time dispute-management tools that help merchants receive information and respond before a transaction dispute escalates into a chargeback. The companies identified the UK and EU as the target markets but did not disclose the value of the agreement, pricing, a precise launch date or projected reductions in chargeback volumes. The initiative deepens their existing relationship around payment services and merchant risk management.