Authorization, Clearing, and Settlement of MasterCard Transactions
Authorization, clearing and settlement are the three stages in a MasterCard transaction and you need at least a basic understanding of how they work....
Tag: MasterCard
What Every Merchant Ought to Know about Processing MasterCard Transactions
The merchant is actively taking part in the authentication and authorization of transactions, which is where you need to become an expert....
12 Signs of a Valid MasterCard Card
All valid MasterCard credit and debit cards comply with a specific number format and display a set of unique features that make them easy to validate....
How Visa and MasterCard Manage Excessive Chargeback Levels
Visa and MasterCard consider chargeback levels to be excessive if in two consecutive months the merchant has a minimum chargeback ratio of 1%....
U.S. Credit Card Spending Jumps, Visa and MasterCard Profits Follow
Consumers spent $752B on MasterCard and $897B on Visa credit and debit cards globally in the previous quarter, up 11% and 15%, respectively....