Merchants who accept card payments through a point of sale (POS) system may find themselves in the position of running a force pay debit transaction - triggering a force pay debit memo. A force pay ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Q: ARC recently published a paper called "Best Practices for Effective Debit Memo Resolution and Prevention." In my experience, there is very little ARC can do to help with debit memos, since most ...