by cardandbeyond | Oct 20, 2021 | Resources - ENGLISH
KOREAN 한글 You’re minding your own business, ringing up another sale for your next customer, and then it happens–your normally boring credit card terminal spits out a strange number and message indicating that the transaction did not go through as expected. You’ve just...
by cardandbeyond | Aug 13, 2021 | Resources - ENGLISH
KOREAN 한글 A chargeback is a transaction that a card issuer returns to a merchant back – and most often, to the merchant – as a financial liability. In essence, it reverses a sale transaction, as follows: ㆍThe card issuing bank subtracts the transaction dollar amount...
by cardandbeyond | Aug 13, 2021 | Resources - ENGLISH
KOREAN 한글 Below is a list of your obligation when accepting and processing credit card transactions. THE VIOLATION OF THE FOLLWING RULES MAY RESULT IN IMMEDIATE TERMINATION OF YOUR MERCHANT PROCESSING ACCOUNT. ㆍMerchant may not under any circumstances accept or...
by cardandbeyond | Aug 13, 2021 | Resources - ENGLISH
KOREAN 한글 All card transactions should be electronically read (Swiped, EMV chip Inserted etc). Numbers displayed on the terminal or receipt should be checked against those embossed on the card being presented for payment. If your terminal does not display the card...
