[ic] New Credit card rules

Steve Graham icdev at mrlock.com
Mon Apr 12 12:45:59 UTC 2010

>> Anyone see this yet:
>> + Balance response transactions - For prepaid and gift cards,
>> once the card has been used, the remaining account balance will be
>> transmitted along with the authorization response. The remaining balance
>> must be printed on the customer receipt, displayed on the Web page or
>> point-of-sale terminal, or both.
>> I don't provide a live success/fail response to the customer.  I know
>> many other large merchants work the same way, newegg.com for example.
>> Does this mean I have to provide a live success/fail response?
>> + Partial authorization transactions - When a customer's transaction 
>> amount
>> exceeds the balance available on their debit, prepaid or gift card, 
>> instead
>> of declining the transaction, a partial authorization for the amount
>> available to the customer will be returned. This will allow the customer 
>> to
>> pay for the remaining amount with another form of payment. This is called 
>> a
>> split-tender transaction.
>> You gotta be kidding me.

 I was thinking the same thing.....

>> + 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.

> [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.


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