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Chargebacks: A Survival Guide

Cardfellow

Incorrect Transaction Code 12.3: Credit Not Processed 13.7: Original Credit Transaction Not Accepted 13.9: Non-Receipt of Cash or Load Transaction Value Mastercard Chargeback Reason Codes Mastercard continues to have a long list of possible reason codes, as follows. Incorrect Transaction Code 12.3:

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First Data Brings UnionPay Cards To The US

PYMNTS

to pay with their UnionPay chip, credit and debit cards at First Data merchant clients. First Data will also enable UnionPay debit or credit transactions made for online retail or in-app purchase, as well as via a mobile phone or other devices. by 2021, the press release reported. “We

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Europe, CNP Fraud Trendsetter?

PYMNTS

Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well. Fraud varies country to country, region to region.

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Dream Payments Launches its EMV MPOS System in Canada

Fintech Labs Insights

Are you a small business dreaming about an off-the-shelf EMV mobile point of sale solution that accepts everything from Interac debit to chip-and-PIN cards to contactless payments? Interac debit card transactions have a processing fee of $0.25; Visa and MasterCard credit transactions have a fee of 2.75%.

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50 Fintech Buzzwords Explained

M2P Fintech

Hybrid Card A hybrid card is a payment card that combines a chip and a magnetic stripe, ensuring compatibility with different transaction systems. This dual-interface approach enhances security and acceptance across chip-enabled and traditional terminals.

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