Visa’s Account Data Recovery Process
The Account Data Compromise Recovery (ADCR) process enables issuers to recover card account data that have been linked to counterfeit fraud....
Tag: Visa
How to Manage ‘Requested Copy Illegible or Invalid’ Chargebacks
Visa uses Reason Code 60 to designate chargebacks resulting when a copy of a sales receipt, requested by the card issuer, is illegible or incomplete....
How to Manage ‘Not as Described or Defective Merchandise’ Chargebacks
Both Visa (53) and MasterCard (4853) have Reason Codes designating chargebacks issued when cardholders state a purchased product was not as described....
Bank of America Teams up with Visa to Test Contactless Payments
Another huge bank is teaming up with a giant credit card company for a contactless payment project. This time the names are Bank of America and Visa....
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....