Search results
Results From The WOW.Com Content Network
You should send this so that it reaches your issuer within 60 days of when the first statement with the fraudulent charge was mailed to you. As a precaution, send it by certified mail and ask for ...
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...
The inability to reconcile imported transactions against the current account information is one of the primary shortcomings of QIF. [ citation needed ] Most personal money management software, such as Microsoft Money , GnuCash and Quicken's low end products (e.g. Quicken Personal and Quicken Personal Plus), [ 1 ] can read QIF files to import ...
Consumers may not think much about the credit card transaction fees that banks charge retailers. But both groups want you to -- and with a conflict heating up over how much those fees should be ...
Credit card fraud. A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [ 1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal.
When a business charges a fee for a form of payment, whether in person, online or by phone, it’s called a surcharge. Credit card surcharges are applied when you use your credit card to make a ...
Durbin amendment. The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by ...