What is an EFW?

What is an EFW?

• A. Notices generated by card issuers to flag payments as fraudulent; occurs before the chargeback
• B. A processing fee charged on disputed charges
• C. A security token used for 3D Secure authentication
• D. An optional discount for early payments

Answer: (A)

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.