How to Manage ‘Credit Not Processed’ Chargebacks
Visa (85) and MasterCard (4860) have special Reason Codes for chargebacks resulting when cardholders claim a refund was not issued for a returned product....
Author: UniBul
Final Provisions of CARD Act Take Effect
The final batch of credit card rules completes a truly comprehensive reform of how card issuers do business and it really is a big win for consumers....
How to Manage ‘Not as Described or Defective Merchandise’ Chargebacks
Both Visa (53) and MasterCard (4853) have Reason Codes designating chargebacks issued when cardholders state a purchased product was not as described....
How Scammers Stole $10M from the Credit Cards of 1.3M Americans
Criminals steal $10M from 1.3M Americans through an elaborate scheme, involving more than 16 dummy corporations and more than 100 merchant accounts....
Bank of America Teams up with Visa to Test Contactless Payments
Another huge bank is teaming up with a giant credit card company for a contactless payment project. This time the names are Bank of America and Visa....