Do you (even occasionally or temporarily) create, receive, or otherwise come to possess any paper records or receipts that contain cardholder data? The number one rule card not present merchants violate is a Merchant Must Not Request the Card Verification … Continue reading
The summary of Visa Rules 2024 changes is nearly 20 pages! Translation: Merchants need for advanced payment processing technology to automate processing rules compliance. It’s critical avoid unwanted extra fees and issuer initiated chargebacks. Here’s a simple way to validate whether technology … Continue reading
Credit card convenience fees 2024 rules explained. Visa rules on convenience fees are outlined in Table 5-4 Convenience Fee Requirements in Visa Core Rules, which was last modified April 2022. What’s a convenience fee and when can I use it? … Continue reading
Are increasing merchant services credit card fees annoying you? While technology can optimize fee management, there are multiple reasons new fees or rising fees may occur. Use the information for a quick self-assessment and determine whether it’s worthwhile to engage … Continue reading
Looking for a credit card surcharging solution to offset expenses? The rules vary across multiple card brands and terms of acceptance. Here’s an updated review of who can surcharge, what card types, and checklist of how to roll out credit … Continue reading