Through the program, Verifi will expand its investment in its channel partner network to support and accelerate their growth and global merchant adoption of Cardholder Dispute Resolution Network™ (“CDRN”). 

Since its launch in 2007, CDRN® has determined the industry standard for delivering unmatched chargeback prevention services. With consistent year-over-year growth, the CDRN patented “closed loop” process helps merchants achieve the highest level of true chargeback protection by reducing chargebacks up to 40%, while avoiding false positives, reducing manual review time, and increasing their profitability. 

Verifi has partnered with leading payment gateways, processors, and payment solution providers to expand access and adoption of CDRN and protect the health of partner portfolios, adding considerable value to the services its partners offer their merchant clients. 

Verifi’s Authorized Reseller Program enhances the value of its partners’ solutions in conjunction with offering CDRN. Key benefits include:

• Direct investment in partner sales effort through performance-based Marketing Development Funds
• Dedicated marketing and support staff
• Joint business development and referrals
• Dedicated Partner Portal: Easy access to sales tools, training, marketing materials, program performance, and lead tracking 

“We are extremely grateful to our reseller partners for their proven ability to drive growth of CDRN, and we are excited to increase investment in our valuable partners through our Authorized Reseller Program,” said Matthew Katz, CEO of Verifi. “We are committed to arming our partners with the best tools and support to ensure our mutual success through the delivery of our award-winning dispute management solutions. We also look forward to building on that success with the introduction of new, innovative products in 2018.”

“It was a clear choice in our decision to work with Verifi, based on their reputation as an industry leader,” said Corey Baggett, CEO of Midigator. “Our clients are able to receive and respond to disputes in near real-time, which further enables our technology to help protect our clients’ revenue and profits.” 

Later this year, Verifi will expand its offering to authorized resellers with additional value-added services, building on its already successful distribution model.