Details
 

Stop Payments, Authorization Revoked & Unauthorized Entries

On-Demand - AAP / APRP Credits 0.6

There is always confusion as to when we use a stop payment, an authorization revoked or simply dispute an entry as unauthorized. Are you aware of the rules related to these different options? This Payments Tip will go into detail around the differences between stop payments and revoked authorizations, and when they are to be used. We will also take a look at unauthorized returns, when to use them, what the rules say, and how they differ between consumers and our corporate accountholders.

Printer-Friendly Version