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When making a purchase a cardholder was recently informed by the merchant that the purchase card account has been suspended who should the cardholder contact to address this matter?
Wiki User
∙ 11y ago
Contact your A/OPC immediately
Wiki User
∙ 11y ago
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A cardholder had recently made a purchase with the purchase card It was not an approved government purchase and the cardholder was not able to return the purchased item to the merchant for a refund o?
The Government who then seeks repayment from the cardholder.
Who should the cardholder contact to increase the single purchase limit on the purchase card?
The Approving Officer (AO) or Agency/Organization Program Coordinator (A/OPC)
What is example of merchant banking?
An example of merchant banking is where a multinational corporation, say ABC is considering to purchase a smaller company in a foreign country, company ABC will seek the services of a merchant bank to advise it on the acquisition process.
What do you do if merchant has filed for bankruptcy after you have paid for a purchase with a credit card?
Nothing. You bought - and received - a product or service. You charged it, which means the merchant was paid by your credit card company. Your debt is now to the credit card company, and you owe it whether the merchant is in business or not.
Can merchants place a minimum amount on credit card purchases?
A merchant can & will require a minimum purchase amount in some cases. The credit card company charges the merchant for each transaction. If a purchase does not exceed the amount they are being charged from the cc company, they can decline to process your card. Most merchants have a sign explaining their policy.
When making a purchase a cardholder was recently informed by the merchant that the purchase card account has been suspendedwho should the cardholder contact to address this matter?
The cardholder should contact the card company.
A cardholder had recently made a purchase with the purchase card It was not an approved government purchase and the cardholder was not able to return the purchased item to the merchant for a refund o?
The Government who then seeks repayment from the cardholder.
When making a purchase an account holder was recently informed by the merchant that the purchase account has been suspended who should the account holder contact to address this matter?
The Agency/Organization Program Coordinator (A/OPC)
A cardholder obtains goods and services for personal use. The delivery address is the employees home and a third party cannot confirm receipt of materials. The cardholder also advises merchant to sp?
A cardholder obtains goods and services for personal use. The delivery address is the employee's home, and a third party cannot confirm receipt of materials. The cardholder also advises merchant to split transactions to ensure they do not exceed the cardholder's single purchase limit.
When a cardholder's purchase card is about to expire he or she should?
When a cardholder's purchase card is about to expire he/she should:
When a cardholder's purchase card is about to expire he she should?
When a cardholder's purchase card is about to expire he/she should:
Who has responsibility to maintain a Purchase Log?
Cardholder
A cardholder recently received approval to purchase a new printer for the agency The cardholder has a purchase card that has a single purchase limit of 1000 However the required printer costs 1?
AO
What is the time limit for processing a debit card charge?
A debit card charge must be posted no more than 30 days from the date of purchase. The merchant can still post a charge after the 30 days however they open themselves up to getting a chargeback from the cardholder/bank. A chargeback is a right that every cardholder/bank have. It is a way for the CH/Bank to get back their money when a merchant incorrectly processes a transaction.
A cardholder forms a relationship with a local company to making purchases with no receipts found to support the purchase and the amount of purchases from this company exceeds the normal expenditures?
cardholder fraud
A cardholder forms a relationship with a local company to making purchases with no receipts found to support the purchase, and the amount of purchases from this company exceeds the normal expenditures?
cardholder fraud
Why is a purchase log necessary?
to help reconcile the monthly statement and explain the circumstances and the actions the cardholder took to complete the purchase
