Stax

SEPTEMBER 26, 2024

That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Credit card networks like Mastercard and Visa set a universal limit of 4% on these fees.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

Clearly Payments

SEPTEMBER 18, 2024

Key Activities of a Chargeback Team Reviewing Dispute Notices: Receiving and thoroughly investigating dispute notices from credit card issuers is the first task. Collaboration with the Analyst: Advises on handling complex chargeback cases and navigating card network rules.

Disputes 96

Disputes Fraud Prevention Payments Credit Cards 96

Stax

JANUARY 15, 2024

Utilizing global payment networks (Visa, Mastercard, etc.) Compliance with Payment Card Industry (PCI) Standards The Payment Card Industry Data Security Standard (PCI DSS) ensures secure cardholder data processing, storage, and transmission. Mastercard ​​Mastercard co-founded and co-developed the PCI DSS.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Payment Savvy

JULY 12, 2024

Complexity of Implementation: Ensuring compliance with various card network rules and state laws can be complicated. Legal Considerations for Convenience Fees Before implementing convenience fees , it’s crucial to understand the legal landscape and card network rules that govern these charges.

Card Network Rules 52

Card Network Rules Non-Bank Alternative Payment Methods Credit Cards 52