EFFECTIVE OCTOBER 14, 2016 MASTERCARD WILL ENFORCE NEW AUTHORIZATION STANDARDS. PLEASE ENSURE PROPER SUPPORT OF THIS MANDATE TO AVOID POTENTIAL FINES /FEES ASSOCIATED WITH FAILURE TO COMPLY. “Currently MasterCard allows for a 15%-20% tolerance between authorization and clearing amounts in many scenarios, non-T&E merchants are unable to process multiple authorizations for a single transaction, and[…]
Chargebacks present a disappointing issue to merchants, to some degree on the grounds that each credit card issuing organization has distinctive approaches and reason codes. Tolerating an assortment of Visas is great business hone, yet it can be an enormous bother when managing agreeable extortion chargebacks. We should zoom in on the principles and controls[…]
The MASTERCARD In your wallet just expired. You can still use it like the 2.3 billion other people—but it doesn’t look right anymore, because the company just revamped its look.Mastercard is one of those unique brands that is instantly recognizable around the world. July 14th 2016 Mastercard redesigns its iconic logo for the digital age[…]