The most important step when processing a credit card transaction is getting an authorization from the card issuer. This provides the confirmation that the customer’s identity has been verified to the best extent possible, and that the card is valid and has sufficient funds to cover the purchase.

A card transaction that hasn’t been authorized is like a great big bullseye target for chargebacks. However, interpreting the authorization codes that the issuer sends back can be confusing. What do the various codes sent back in authorization response messages mean, and how can merchants use them to make safer decisions when processing transactions?

Full Text:
https://www.chargebackgurus.com/blog/credit-card-response-codes

©Chargeback Gurus 2021
Production: Emily Woodward
Narration: Phil Claffey