![]() ![]() If you’re a business that accepts credit or debit cards, the answer is more than likely yes. This type of code helps you protect your business and card owners from fraudulent activity.Ĭredit card codes are a quick and easy way to immediately identify the reason behind any card payment problems in your business. In the case that a card is reported stolen or lost, a credit card code will tell you to hold the card and return it to its issuer. This code helps you and your customer determine the reason the card did not go through. This credit card code tells you (the merchant) why the card was declined.įor example, if the card has reached its expiry date, a specific credit card code will display on your terminal. If the card is declined because of fraud, insufficient funds, or any other errors, most payment terminals will provide you with a credit card decline code. So, fear not, all of your questions regarding issuer meaning will be answered before you know it! First Off, What Are Credit Card Codes?Īt ground level, a credit card code appears on a business’s credit card terminal when a customer goes to pay with a card. ![]() We’ve also collected a list of some of the standard credit card codes that will appear on your payment terminal. This all-in-one guide will help you understand credit card codes and how they impact your business. And considering over 90% of Americans own a credit card, it’s worth learning a thing or two about. Additionally, these codes can help you determine the reason a customer’s card is not processing. ![]() If your business uses a card terminal for payment processing, it’s critical to understand the various bank response codes that may appear on your payment terminal if a card is declined.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |