How to Manage ‘Canceled Recurring Transaction’ Chargebacks
Both Visa (41) and MasterCard (4841) use special Reason Codes to designate chargebacks issued in connection with canceled recurring transactions....
Tag: MasterCard
How to Manage ‘Duplicate Processing’ Chargebacks
Both Visa (82) and MasterCard (4834) use special Reason Codes to designate chargebacks issued when the same transaction is deposited more than once....
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....
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....
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....