EBizCharge

NOVEMBER 27, 2024

Fraud detection and security tools: Merchant accounts often include tools and standards to prevent fraud and enhance security, including Payment Card Industry Data Security Standards (PCI-DSS). This either approves or declines the transaction based on factors like available funds and credit limits.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Payment Savvy

MAY 11, 2023

Chargebacks: Chargebacks can occur when a cardholder disputes a transaction, and the funds are returned to the cardholder. As a merchant, you will need to comply with the Payment Card Industry Data Security Standard (PCI DSS) and other security regulations to ensure the safety and security of Visa transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

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

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