A misuse of authorization fee generally appears when an approved or partially approved authorization does not receive the lifecycle event expected for that transaction. The solution is to find the workflow creating orphaned authorizations and make sure completed transactions clear correctly while cancelled, abandoned, reduced, or failed transactions receive the...
Wrong MCC, Higher Interchange: How to Get Your Merchant Category Code Corrected
If you suspect a wrong merchant category code higher fees problem, first get the four-digit MCC on your MID confirmed in writing by your processor or acquirer. Compare it with current Visa and Mastercard definitions, document your actual business activity, request a supported correction, and verify subsequent transactions at the...