I love little facts and tidbits of information, even more so when it's directly related to my own business or our Industry. And when it comes to Visa facts, I will take any extra information I can get my hands on.

The owner of Free Money Finance was privileged enough to land Visa as a Sponsor. Being so, he took the time to pull his big brass balls out and asked Visa a question.

The question, without all the extra B.S. added to it was basically, "If you take credit cards do you have to take debit cards?"

From the Article and Visa's response:

"While the overwhelming majority of merchants who accept Visa choose to accept all of our products, merchants have choices when it comes to acceptance of Visa products. They may accept all Visa cards. They may choose to accept Visa credit and business cards only, or they may choose to accept consumer debit and prepaid cards only. These options apply to cards issued in the United States. A merchant accepting any category of Visa products (e.g., debit, credit) must accept all payment cards issued outside the United States."

Interesting... I wonder if Visa International has more fraud on one card service more than the other?

Either way, something fishy is going down since U.S. Merchant Banks "are often declining" transactions that process through Visa EU Accounts due to the amount of fraud that has happened and is happening.

I have probably 50 questions I would love to run past them. Starting with, "What is taking you so long on stopping the fraud in our Industry?" And I would end with, "Do you need some help?"

If you got the chance to ask Visa a question, what would it be?

~TheDoc




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