Tag: credit card processing

Visa uses two-digit numbers called Chargeback Reason Codes to identify the reason a card issuer is disputing the validity of a particular transaction....

Travel agencies need to pay more attention to their card acceptance procedures than most other merchants, because they tend to generate more chargebacks....

One of the processor's major objectives is to estimate its potential liability and the merchant's annual credit card volume is key to achieving it....

Credit card payments should not be deposited before the transaction date, which for e-commerce merchants is the date on which the item is shipped....

Hotels and motels that participate in the Advance Resort Deposit service for credit and debit cards must follow specific procedures when accepting payments....