[ic] New Credit card rules

Grant emailgrant at gmail.com
Mon Apr 12 15:05:25 UTC 2010

>>> + Authorization reversals - An authorization reversal is a real-time
>>> transaction initiated when the customer decides that they do not want to
>>> proceed with the transaction, or if the merchant cannot complete the
>>> transaction for any reason. Authorization reversals free up the
>>> customer's
>>> available balance on their debit, prepaid or gift card.
>>> Is this reversal initiated by the merchant at the customer's request,
>>> or is it initiated by the customer?
>  I understand this, since the customers available credit is reduced by the
> sale amount  especially if the transaction does not meet address
> verification requirements, thus a fail on authorization - personally I think
> authorize.net should kill these authorizations immediately or have a flag
> setting to do so.
> If the Authorize.net provides a simple way to reverse the authorization -
> this would be a good thing in my opinion.

I agree.

>> [snip]
>>> Do I have to support the requirements?
>>> MasterCard and Discover are requiring all merchants to support the
>>> requirements with the exception of merchants that exclusively process
>>> transactions via batch uploads, mail order/telephone order (MOTO), or
>>> recurring payment transactions. Your Merchant Service Provider (MSP) is
>>> ultimately responsible for determining if the requirements apply to your
>>> business, so please contact them for assistance in determining if your
>>> company is exempt.
>> I want in on this exemption.  Maybe I should switch to batch uploads?
> Yes, I will be looking into this as well when I get time - right now I don't
> think a gift card will be accepted in our transaction since they don't match
> on address verification - maybe that is our way out.

But did you notice that "Partial authorization transactions" apply to
debit cards too?

- Grant

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