Solve disputes automatically, saving time and effort with the best rapid dispute resolution. Thrifty Payments is not just a payment processing organization but has some unique features. One of these is the Rapid dispute resolution solution that automatically settles payment disputes based on the seller's rules.
Automated processes allow disputes to be solved at the pre-dispute stage. This saves effort and time, two priceless elements, and the transactions are carried out without any chaos.
RDR does the trick in the pre-dispute stage, allowing reconciliation between the buyer and seller. If the problem escalates, it will be costly. RDR saves money that can be invested in other critical business areas.
Rapid Dispute Resolution, or RDR, is not only operational in the United States but also a global phenomenon that solves trade disputes.
The issuers effortlessly settle the disputes in the pre-dispute stage, and that is why they benefit greatly from settling the matters themselves.
Rapid Dispute Resolution (RDR) is a game-changer in the financial world. Solving so many daily disputes requires a lot of effort and time. RDR's real-time evaluations, instant messaging, and automation make it one of the most effective assets in the payment processing industry.
When the issuer submits, the decision system stimulates RDR rules. Then, in the VROL system, specific messages are activated, resulting in data notifications to issuers and acquirers that the resolved dispute is not a chargeback. Finally, acquirers are notified to transfer funds to the issuer.
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