Since 2007, when our first Issuer joined the CDRN network, we have been committed to expanding the Issuer coverage of the network. Analysis completed in December 2012 shows clients participating in CDRN are experiencing as high as a 41% reduction of monthly Visa chargebacks and a 32% reduction of monthly MasterCard chargebacks. In 2013, we have already made notable progress with some of the Top 20 Credit and Debit Issuers not yet on the network and we anticipate the list of “live” participating issuers to continue to grow. As agreements and timelines are finalized, we will communicate those events to our clients.
For those of you that are not currently participating in CDRN or would like to discuss how the service could benefit your business, please contact your Relationship Manager for details.