Visa Assesses Hims & Hers Health for Credit Card Disputes
Hims & Hers Health is facing penalties from Visa after receiving thousands of complaints related to credit card disputes. The telehealth provider was put into Visa's Acquirer Monitoring Program in response to a rise in credit card disputes.
Visa will assess penalties on Hims & Hers Health close to $75,000 in September. This action follows the company's participation in the monitoring program.
The exact reasons for the increase in credit card disputes are not specified in the report.