Will Cell Phones Replace Credit Cards?
Three mobile phone carriers, a credit card company and a large bank are teaming up to enable consumers to make payments with their cell phones....
Author: UniBul
How to Manage Chargebacks Resulting when a Credit is Posted as a Purchase
Reason Codes 76 (used by Visa) and 4850 (MasterCard) designate chargebacks resulting when a credit is posted on a cardholder's account as a purchase....
Merchant Audit: Initiation, Review Process and Consequences
A merchant audit can be initiated whenever there are reasons to believe that the merchant may be high risk or is processing invalid transactions....
How to Manage Chargebacks Resulting from Processing Expired Cards
Chargeback Reason Codes 73 and 4835 are issued when two conditions were met: a payment is made with an expired card and the transaction is not authorized....
2 Reasons to Monitor Your Daily Credit Card Batches
Merchants should monitor their average transaction amount and count in each credit card batch and alert their processor if either is substantially exceeded....