What is an EFW?

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Prepare for the Stripe Fundamentals Exam. Use flashcards and multiple-choice questions with explanations to maximize your score. Explore essential concepts and hone your skills for a successful exam experience.

Multiple Choice

What is an EFW?

Explanation:
EFW stands for Enhanced Fraud Warning, a pre-chargeback alert from card issuers that flags payments as potentially fraudulent. It appears before a chargeback so you have a chance to review or cancel the transaction, helping to reduce fraudulent charges and the costs associated with chargebacks. It’s not a processing fee on disputed charges, not a 3D Secure security token, and not an early-payment discount.

EFW stands for Enhanced Fraud Warning, a pre-chargeback alert from card issuers that flags payments as potentially fraudulent. It appears before a chargeback so you have a chance to review or cancel the transaction, helping to reduce fraudulent charges and the costs associated with chargebacks. It’s not a processing fee on disputed charges, not a 3D Secure security token, and not an early-payment discount.

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