Remove Card Issuer Remove Credit Limit Remove Disputes
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Citigroup Adds The Ability To Dispute Charges Through Mobile App

PYMNTS

Citigroup announced this week that Citi credit cardmembers now have the ability to dispute charges within its mobile app. Citi said it will roll out the ability for credit card customers to dispute charges posted within the Citi Mobile App for Android in December. “In to provide this feature on a mobile app.

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Citi Announces Replacement Card Tracker

PYMNTS

This new feature applies to all instances of card reissuance, from replacing expired cards and EMV chip upgrades, to replacement in the case a card is lost, stolen or damaged. Customers will also be able to activate their card through the tracker. Citi customers in the U.S.

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Understanding B2B Payments: Exploring Payment Methods and Key Terms

EBizCharge

Issuer The issuer refers to the bank or financial institution issuing the customer’s credit card. An issuer plays a crucial role as the entity responsible for granting payment cards and overseeing the financial transactions made using those cards.

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Data Dive: Walking The Walk Edition

PYMNTS

On Thursday morning, news broke that the nation’s largest retailer is suing its longtime credit card issuer, alleging breach of contract. We made every attempt to resolve this business dispute and avoid litigation; however, Synchrony has failed to take responsibility for its actions. In a suit filed in the U.S.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

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. Annual Percentage Rate (APR) The annual interest rate charged by a credit card issuer on outstanding balances.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Source: Finix. Source: Stripe.

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Why Switch to a New Age Credit Card System?

M2P Fintech

crore* credit cards in circulation, a substantial jump from 7.5 But only 5%** of the population has a formal credit card. This is a huge opportunity for credit card issuers. They should not end up undertaking heavy customizations in the current credit card stack to support their new launch.