Per Payment Magnates, Visa will introduce an additional fee of 12 euros per chargeback for CNP fraud (cardholder not present) in the travel industry.
Visa cited a rising rate of fraud in the travel sector, especially among online and telephone transactions. The rapid rise of online bookings and the big-ticket nature of many transactions have turned this into a significant e-commerce fraud problem.
“A fee of €12 per unsecure keyed fraud chargeback will be levied on Visa Europe acquirers for unsecured CNP transactions,” stated Visa’s message to acquirers.
More details on Visa's announcement are here.