Monitoring this is a good way to gauge the satisfaction of your merchant’s customers with the goods or services they are selling.
What is “Excessive Refunds”
100
This Result Code indicates that AVS could not be performed.
What is U
100
Merchant rejected for Insufficient fund
What is ACH code R01?
200
Europay, Mastercard, Visa
What does EMV stands for?
200
A change in this data point may indicate that the merchant is changing his financial institution.
What is “Checking Account Change"
200
This MATCH Reason Code indicates that this merchant has experienced Excessive Chargebacks.
What is 04
200
Average merchant size, merchant profitability, chargeback ratios are some examples of items used to build ______
What is a Balanced Portfolio
300
Deutsche Bank
What is EVO's sponsor Bank?
300
If your merchant is receiving a lot of these you should quickly evaluate the reason codes and questions the merchants practices.
What are "Chargebacks"
300
High Risk chargeback Monitoring Program
What is HRCMP?
300
Delivery Time Frame
what does NDX stands for?
400
This is assigned to identify a merchant based on its most significant line of operating business.
What is the Merchant Category Code (MCC)
400
These transactions are “keyed” into the merchant terminal; however the cardholder and the merchant are usually not together at the time of the transaction.
What are "MOTO Merchants"
400
Automated Clearing House
What is ACH?
400
10/01/2015
What date did EMV take affect?
500
This merchant category represents transactions that are not allowed under any circumstance.
What are "Prohibited" transactions/Merchants
500
An excessive amount of these may indicate your merchant is testing cards or being attacked by a software to validate cards.
What are "Multiple Authorizations"
500
All card brands require merchants to maintain chargeback rates under this industry average amount.
What is 1 percent.
500
This amount is held in the merhcants name at either the acquirer or processor's to offset losses or fines.