EBizCharge

JUNE 20, 2024

Establish an effective dispute management procedure Establish clear dispute management protocols to ensure any AR discrepancies are handled quickly and effectively. This approach saves time and prevents disputes from escalating, which can further delay payment. Reporting the Dispute Step 2. Resolving the Dispute Step 5.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

PYMNTS

MAY 29, 2018

The system got a major boost in the 1970s with the passage of The Fair Credit Reporting Act , which officially regulated what information would be collected as well as created rules that made credit reports something consumers had a legal right to both see and dispute. Alternative Data Streams Good (And Not So Good).

Financial Inclusion 62

Financial Inclusion Underwriting Credit Cards Disputes 62

Nanonets

SEPTEMBER 22, 2023

This involves setting up credit policies that assess the creditworthiness of customers and establish clear payment terms. By doing so, businesses can facilitate prompt payment from customers and minimize any delays or disputes that may arise.

Accounts 40

Accounts Disputes Automation Risk 40

Nanonets

SEPTEMBER 22, 2023

Credit Management:  Credit management entails assessing customer creditworthiness, setting credit limits, and monitoring credit terms to mitigate financial risks. This includes conducting credit checks, setting credit limits, and closely monitoring credit terms and collection efforts.

Process 40

Process Cash Management Best Practices Credit Limit 40

PayHawk

APRIL 18, 2023

Chargeback When a cardholder disputes a transaction and requests a refund from their bank or card issuer, resulting in the reversal of the payment. Credit Limit The maximum amount that a cardholder can charge within their credit range. Cardholder The person who owns the payment card being used to make a purchase.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

M2P Fintech

AUGUST 8, 2023

With its myriad benefits, a modern credit card management system helps issuers stay ahead of the curve in the highly competitive financial landscape. Now, let’s delve into the essential factors that issuers must assess when upgrading their Card Management System (CMS).

Credit Cards 52

Credit Cards Payment APIs and Integration Issuers API 52

EBizCharge

NOVEMBER 22, 2024

What is a credit card hold? A credit card hold is when a portion of your credit limit is reserved for a potential transaction. Credit card holds are enforced by merchants, payment processors, credit card networks, and card-issuing banks. If this hold is lifted, it will free up your credit limit again.

Credit Cards 52

Credit Cards Card Issuer Issuers Credit Limit 52