How to Manage ‘Late Presentment’ Chargebacks
Both Visa (74) and MasterCard (4842) use special Reason Codes to designate chargebacks resulting from late presentment of credit card transactions....
Author: UniBul
Fed: Credit Card Rewards Programs Subsidized by the Poor
A recent report from the Boston Fed concluded that America's lower-income consumers are in fact subsidizing the cost of credit card rewards programs....
The Overdraft Dilemma
Overdraft fees are charged when a cardholder completes a card transaction which puts his or her account's balance beyond its credit limit....
Requirements for Acceptance of MO / TO Discover Transactions
MO / TO merchants should not submit Discover transaction for processing until the merchandise or services have been shipped, delivered or provided....
Dental Offices Now Offer Credit Cards
This week we learned that 10 health care providers in New York, mostly dental offices, have been hard at work offering credit cards to patients....