Visa Card Agreement For Merchants
In general, no. The Visa brand promise “Wherever you want to be” means that you can use your card wherever visa is accepted. The issuer must not block all transactions from a location or type of dealer. However, there are some exceptions. For example, where local rules require the issuer to block certain transactions or Visa has allowed the issuer to temporarily refuse transactions due to a risk of fraud. Note that Visa cards issued in countries with laws limiting international use have printed a caption “Only in a Country” on the card. In some countries (Australia, Canada, India, South Africa, United States), a merchant is allowed to repay cash in a visa transaction under certain circumstances and for certain types of cards (for example. B debit cards). Refunds are only allowed if the Visa card has been sent to the same country as the merchant. [N]o seller… may impose an increase on an holder who chooses to use a credit or loading card instead of paying by bar cheque or by similar means… The acquisition of banking relationships allows merchants to sell goods and services using electronic payment methods. This partnership includes collecting information from the distributor`s payment gateway technology, communicating with card issuers via the purchaser`s network, obtaining authorization and billing the transaction to the dealer`s account.
As a general rule, a merchant is allowed to request identification, but cannot require it as a condition of acceptance of the Visa card. However, there are exceptions, for example. B when Visa has authorized the merchant to request, in certain circumstances, identification to combat fraud. You should try reading the tape on the map. If the tape cannot be read, you can refuse the card or manually enter the account number in the terminal. However, note that if a transaction is manually unfenced, you may be subject to a back-up. Below are some frequently asked questions about visa rules. If you have a question about a visa rule that is not covered below, please contact Visa at [email protected]. Please note that visa rules change from time to time. If there is a discrepancy between the information contained in these frequently asked questions and the visa rules, the visa regime applies. You will find other requirements in the visa acceptance agreement between you and your purchaser.
As a general rule, visas are a method of payment and not a method of collecting or executing a contract. However, under certain conditions, certain types of dealers (accommodation, rental [vehicle, bicycle, boat, equipment, motorhome, motorbike, truck/trailer] and trailer/camping parks) may accept a guaranteed reservation (the cardholder provides a Visa account number, but does not pay at the time of booking to ensure that accommodation, goods or services as booked and agreed with the merchant are available). For more information, please contact your Visa-Acquirer. In general, no. Recharging is currently permitted in Australia, Mexico and New Zealand, and for some credit card transactions in the United States, overcharging is not permitted anywhere in the United States. Currently, there are laws limiting the load in Colorado, Connecticut, Kansas, Maine, Massachusetts and Oklahoma. The California and New York charge limitation laws have been imposed on enforcement under court decisions, but appeals are pending. A florida law-keeping decision limiting the charge was overturned on appeal, but continues to be the subject of further litigation.