Visa Merchant Agreement

However, the main reason for terminating a dealership contract is overcharging. Visa can terminate a merchant in the following cases where it pretends: Visa has strict rules for currency conversion if you use your Visa card outside the country where it was issued. You must have the option of having the booking processed in local currency. If the merchant has not done so, please inform your Visa card issuer. As a general rule, a merchant is allowed to request identification, but cannot require it as a condition of acceptance of the Visa card. However, there are exceptions, for example. B when Visa has authorized the merchant to request, in certain circumstances, identification to combat fraud. Visa may permanently prohibit a merchant, payment internet service provider (IPSP), a sponsored trader or another unit or one of its major owners from accepting Visa or Visa Electron card payments for a number of reasons, but usually for one of the following reasons: In general, no. The Visa brand promise “Wherever you want to be” means that you can use your card wherever visa is accepted.

The issuer must not block all transactions from a location or type of dealer. However, there are some exceptions. For example, where local rules require the issuer to block certain transactions or Visa has allowed the issuer to temporarily refuse transactions due to a risk of fraud. Note that Visa cards issued in countries with laws limiting international use have printed a caption “Only in a Country” on the card. Faced with such high fees, processors would typically block a reseller account and open an investigation as soon as possible to see that something was wrong with the transactions processed by one of their traders. In case of fraud and injury to the merchant, his account is immediately terminated. If the merchant`s redemption ratio is increased but below the current visa limit, it may be possible to continue accepting card payments, but it is closely monitored. If the merchant`s redemption ratio remains high in the following months, his account will most likely be terminated, even if the readmission limit has not been reached. A merchant is allowed to offer discounts for cash payment, however, the discount must be indicated as a reduction in the standard price. In order to protect cardholders and merchants and to preserve the integrity of the visa system, we have omitted proprietary and competitive information as well as certain details of network security rules.