The Visa Fraud Monitoring Program (VFMP) is a global risk management initiative that tracks the ratio of fraudulent transactions to legitimate sales for every merchant on the Visa network. It is designed to force acquiring banks and merchants to take aggressive action when fraud levels spike.
How the VFMP Thresholds Work
Visa sets strict limits—typically when a merchant hits $75,000 in fraud volume and a 0.9% fraud-to-sales ratio in a single month. If a merchant breaches this threshold, they are placed in the program. The acquiring bank is then subjected to non-compliance assessments (fines) that increase every month the merchant remains non-compliant.
Early Fraud Detection with Onlayer
Waiting for Visa to flag your merchant is a costly mistake. Onlayer acts as an early warning system. By identifying up to 3x more fraud risk signals than internal sources alone, Onlayer delivers sentiment-based alerts directly to your risk teams. Catching external scam tags and poor public ratings allows you to remediate or offboard toxic merchants before they ever breach VFMP limits.
