You need a merchant account to succeed if you are a small business. Providing multiple payment options to your customers has proven to increases sale and offer a lot more opportunities to a Small Business. Small business credit card proces…

Description Issuer receives a complaint from the credit cardholder that the charge on his billing statement is not recognized. In other words, the customer is not aware of the particular transaction or the information on the statement does…

Visa Chargeback Reason Code 85: Credit Not Processed Description Visa chargeback reason code 85 is applied when issuing bank gets a notice from the cardholder that merchandise was returned, but merchant hasn’t refunded, or credit hasn’t ap…

Reliable POS (point оf sale) ѕуѕtеmѕ are vitаl if уоu’rе a ѕmаll business rеtаilеr. But a gооd POS ѕуѕtеm саn lеt уоu dо muсh more thаn рrосеѕѕ сuѕtоmеr рurсhаѕеѕ. It саn ѕtrеаmlinе уоur business in all ѕоrtѕ оf wауѕ. Sо whаt are thе wауѕ …

What are Refunds and Chargebacks? People often get confused and assume both the terms as interchangeable but that’s not true. Refund and chargeback are two different terms. Refund: Depending upon the company’s return policy, it is basicall…

It should not come as a shock if a merchant receives a chargeback after the product is delivered. At the time of delivering the product to the customer, signature confirmation is necessary as it can save merchant from chargebacks (when the…

Chargeback is one of the worst words for merchants today. While they are a huge pain, chargebacks are a part of any business that accepts debit and credit cards. Originally chargebacks were used to protect consumers from charges made fraud…

Chargebacksprimarily occur for three reasons: Item Not Received. The cardholder placed an order, paid for a service or product, but claims to have not received the order or service. Significantly Not As Described. The cardholder claims tha…