Tag: MasterCard

MasterCard assigns a message reason code to each chargeback initiated by a card issuer, specifying the reason why the transaction is charged back....

A chargeback is generated when a cardholder disputes a transaction or the issuer determines that for a specific reason the transaction is not valid....

MasterCard sets its interchange fees based on a series of requirements, all of which need to be satisfied for a transaction to qualify for that rate....

MasterCard transaction authorization responses typically take the form of a code that specifies the action the merchant should take....

MasterCard has established specific requirements regulating the type of information that can be included in transaction information documents....