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Best Practices: Merchant Account Disclosure |
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While today’s merchants are intensely focused on the cost of card acceptance, much of the dissatisfaction expressed by merchants when disputes arise stems from a lack of understanding by merchants regarding the terms of their merchant accounts.
In a strict legal sense, every organization in the transaction processing chain is required to provide, and is bound by, written contracts which govern their conduct and obligations. This White Paper recognizes that these contracts are fundamental to the relationship between merchants and those who process their electronic payment transactions and may be legally sufficient. However, the purpose of this document is to raise awareness that how disclosures are presented can be critical to the success of the relationship between merchant and acquirer, and that full and complete disclosure, even when it exceeds strict legal requirements, has material benefits for both sides in the contractual relationship.
Download the White Paper
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ETA Members Only |
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Upcoming Events |
| April 17-19, 2012
Mandalay Bay
Las Vegas, NV | | | |
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