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Here are some new scenarios that might be encountered by Advantage Checkcard holders for transaction authorization and posting: The merchant terminal may ask for a signature but route the transaction to a PIN debit network. When a cardholder is given the option to choose “credit,” the transaction may not be routed to Visa. And, a […]
Effective January 13, 2018 surcharges (“Checkout Fee”) on credit and debit card transactions in the European Union are prohibited. In the United States, confusion about checkout fees still lingers; here are some facts you should know: 1. The surcharge only applies to credit cards; it does not apply to debit cards (Advantage Checkcards for example) or prepaid cards (gift […]