MasterCard Network Enhancements
Friday, July 29, 2016 at 8:55AM
Banking Spectrum in Banking News
MasterCard is introducing a multitude of authorization processing changes that include new methods to identify the type of authorization, changes to authorization reversal timeframes, changes to chargeback timeframes, and the extension of incremental authorizations to all merchant types.
These changes will help issuers effectively manage cardholders open to buy, and to manage chargeback protection maximum timeframe limits based on authorization types.  
 
Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).
See website for complete article licensing information.