Questions tagged

Silvia Wed Sep 04 2024 | 6 answers 1518

Who pays card transaction fees?

Who exactly foots the bill for card transaction fees? Is it the merchant who accepts the card, the customer who swipes it, or does the payment processor or bank take on this cost? And how does the fee structure vary across different payment networks and card types? Understanding who pays these fees and how they're calculated can be crucial for businesses looking to manage their costs and optimize their payment systems. So, let's dive deeper into this question and uncover the answers.

KatanaSharpness Wed Sep 04 2024 | 7 answers 1418

Why is Binance card closing?

Could you please elaborate on the reasons behind the closure of the Binance card? Are there any specific regulatory issues or changes in the company's strategy that have led to this decision? Are there any concerns regarding the security or stability of the card that have prompted the closure? Additionally, what are the alternative options for Binance users who have been relying on the card for their financial transactions? Is there any plan to introduce a new product or service to replace the Binance card in the future?

CosmicDreamWhisper Wed Sep 04 2024 | 6 answers 1919

What is invalid txn for card?

Excuse me, could you please elaborate on the concept of an "invalid txn for card"? In the context of financial transactions and particularly in relation to credit or debit cards, what specific circumstances or reasons would lead to a transaction being deemed invalid? Is it a technical issue, a security measure, or something else entirely? Understanding this term would greatly assist in comprehending the intricacies of card-based financial transactions.

GyeongjuGlorious Wed Sep 04 2024 | 6 answers 1399

What is this charge on my card?

Excuse me, I noticed a charge on my card that I'm not familiar with. Could you please explain what this transaction is for? I'm concerned that it may be a fraudulent charge, and I want to ensure that my account is secure. Could you provide me with more information about the merchant, the date of the transaction, and the amount charged? Additionally, could you walk me through the steps I need to take if this is indeed a fraudulent charge and how I can prevent similar issues in the future? Thank you for your assistance.