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Showing posts from January, 2022

RULES OF FTC CID

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FTC stands for federal trade commission. FTC has some specific rules and regulations and it is the responsibility of FTC CID to curb on many things and also prevent lawlessness. FTC CID can have access to a company if any company implicates in any case or frauds. FTC CID takes further action if any customer and complains would receive. . The informal investigation either ends with no further action or the FTC goes on to conduct a full investigation. The Federal Trade Commission (FTC) regularly updates its guidelines for endorsements. Every time it does, waves of panic spread across social media, as everyone scrambles to make sure they’re following the new rules. The settlement addresses the company’s obligations to monitor influencers in more detail than we have seen in past settlements. For example, the company must communicate disclosure obligations to influencers and obtain signed acknowledgements from them. The company must also monitor compliance with its policies and take spe

All about Mastercard

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  Mastercard is the first globally recognized and well-known company that provides credit, debit, and prepaid cards. Mastercard eases the payment process. People use Mastercard for processing transaction communications for merchants. Interbank developed the Mastercard in 1967 that has global acceptance. MasterCard is used for merchants, financial institutions, consumers, and businesses.  How the MasterCard works? Financial institutions and Banks issue MasterCard for transactions. The Mastercard issue with the specific interest rates and limited credit amount. The best thing about the MasterCard is that it can use anywhere in the world for transactions moreover it eases the payment process easily so you can use the card where you want to use it.  The MasterCard gets popular among the merchants because it develops sophisticated methods of the payment process with the use of technological advancement. Another feature of the MasterCard company is they are the ones that develop

HOW MASTERCARD WORKS

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  MasterCard is the second largest payment network, ranked behind Visa, in the world payments industry. MasterCard partners with member financial institutions all over the world to offer MasterCard branded network payment cards.  MasterCard can also help the person keep track of spending and make paying monthly bills for services such as the cable or the utilities easier, and MasterCard can also come in handy while traveling.  MasterCard is financial business term and it primarily generates revenue from gross dollar volume (GDV).  MasterCard cards are issued by member banks with the MasterCard logo. Open-loop cards that are accepted anywhere often carry the MasterCard logo to help identify their eligibility for use. BENEFITS OF MASTERCARD: MasterCard increases your sales. By using MasterCard , you will get customer satisfaction your customers will appreciate the fact that you allow them the flexibility to pay the way they want to pay. MasterCard improver currency conversion wit

WHAT IS MASTERCARD MATCH LIST

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  If you, your business or a business partner are in the mutual system, there is a good chance you will be denied. You can think of the system as being something of a blacklist used by banks to mitigate risk.  If your bank determines that you are too high risk and closes your account, you will likely be placed in the database. While this decision used to be largely up to the discretion of the bank, MasterCard has recently created clearer guidance. Mastercard’s MATCH List usually means trouble for merchants who end up there. While the name may sound like a dating site or a game show, being on the list is serious: it indicates that a merchant poses an above-average risk for acquirers. The most common list and the only one with global reach is Mastercard’s MATCH, or the Mastercard Alert to Control High-Risk Merchants. In the following sections, we describe how MATCH qualification works and what happens to MATCH entries. If you, your company, or a business partner are part of the mutual sy

What is Match list?

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  A list of trouble for the merchants is called Mastercard Match list. if you are the merchant who is searching something like What is match list ? how to check the Match list? there is a huge chance that you are the merchant who suddenly gets informed that you are on the Match list because this is the drawback of the match list that it does not send any notification or anything to tell the merchants that they are listed in the match list because of this reason. Let’s come to the point what is a match list? Match list is a database system designed by MasterCard that provides information to the banks and credit card companies about the terminated merchant files or the merchant who are at high risk because they have something illegal or wrong that’s why they are on the list.    How does the Match List work? The Match list is based on the database system and the system has 14 reasons code. The 14 reason codes are the activities so, if any acquiring bank report any activity that matches w