Clearly Payments

NOVEMBER 18, 2024

Key Impacts of Poor Chargeback Management: Financial loss: Businesses not only lose revenue but may also incur fees from payment processors. Reputation risk: Excessive chargebacks can damage your standing with card networks. Analyze the reason code provided by the card issuer to determine the cause of the chargeback.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Fi911

MAY 22, 2024

To perform an authorization reversal, the merchant communicates directly with their payment processor, reversing the authorization and ensuring that the customer’s account reflects the change. Once received, the processor will reverse the transaction and return the funds to the payer’s account.

Payer 89

Payer Address Verification System (AVS) Disputes Payee 89

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

Stax

JANUARY 10, 2024

TL;DR Understanding how credit card companies charge merchants is crucial for optimizing costs and enhancing customer experience. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. PCI compliance fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88