With Visa’s new Purchase Return Authorization rules update live on October 19, 2019, merchants should know there may be several actions to be taken for their refund process to be in alignment with the new rules.
In this 40-minute session, Verifi payments experts Lisa Tennant, SVP of Global Client Relations, and Jeff Sawitke, SVP of Strategic Partnerships and Business Analytics review the Visa requirements, important dates, and additional considerations to maximize authorizations and minimize declines.
We are committed to keeping our partners and clients informed with new mandates and forthcoming updates in the industry. We hope you find our recorded session to be of value for your business, and welcome any questions you may have!
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For more information on what Visa Purchase Return Authorization means to merchants, please review our article.