Tag: credit card receipts

Merchants should respond to all transaction copy requests within 30-days or lose the dispute, regardless of whether the transaction was valid or not....

Industry regulations require merchants and their processing banks to truncate all but the last four digits of a personal card account number....

Merchants may be tempted to use multiple receipts when the total sale's amount significantly exceeds the authorized average transaction amount....

Receipts must contain sufficient information to help identify the transaction and to serve as reference points whenever a dispute needs to be resolved....

Sales receipts must be processed and deposited in a way that minimizes customer disputes, limits chargebacks and is compliant with industry regulations....