POS merchants are alert: once the POS machine prompts these 5 error codes, please stop swiping immediately.

Many merchants think that using POS cards to identify fake money relative to collecting cash, or using POS is safer, but now the POS market is chaotic, copy cards, fake cards, black cards are spreading all over the country, very embarrassing, I hope all major POS merchants to improve Beware of prevention! It has been found that the light is large, and the card is copied safely... So the POS machine prompts the error code: 40, 41, 42 43, 44... In any case, let the customer change the card to re-brush or give cash!

Now some fake cards can be consumed, and print receipts can be printed! But the money can't be paid, the fake card is 6011 at the beginning, the beginning of 644, the cards at the beginning of 65 are fake cards, and the number is attached to the credit card machine! Have the attention of the pos machine, there are already merchants recruited, please inform the store to be vigilant! You must check the card number when you swipe the card! The cardholder must open the bank phone reminder and replace the IC card in time. The acquiring institution must strictly guard against transactions in special areas, special time transactions! Special POS monitoring, such as immediate settlement, transfer to real-time account! The receiving agent must pay attention to accept the intermediary, POS processing! Mobile phone card reader Merchants must also pay attention, because the card reader still supports magnetic stripe card transactions!

Then there are four reasons why some acquirers face more problems with the chargeback transaction:

1. The cardholder’s credit card is stolen and refused to pay;
2. The credit card consumption bill is different from the actual consumption place due to the set code;
3, transfer business stolen brush refused to pay;
4. Peer competition for malicious use of rules to refuse payment;

So if we encounter the above problem of refusal, what should we do to protect our rights and interests? The following small series gives you three suggestions:

1. The agent strengthens the daily transaction monitoring, strengthens the transaction verification for large amount of abnormal and abnormal trading time, and finds any doubtful points to contact the acquiring institution to freeze the funds in time, otherwise the agent will suffer losses if there is any problem;

2. Strengthen the identification of merchants, especially for transactions involving false merchants. Don't cause big losses because of small profits;

3. Involving the problem of the set code, pushing the specific unified solution to the merchant, so that when the consumer contacts the merchant, he can recall the transaction at that time and avoid further protest.

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