Visa Credit Card Merchant Agreement
As a general rule, visas are a method of payment and not a method of collecting or executing a contract. However, under certain conditions, certain types of dealers (accommodation, rental [vehicle, bicycle, boat, equipment, motorhome, motorbike, truck/trailer] and trailer/camping parks) may accept a guaranteed reservation (the cardholder provides a Visa account number, but does not pay at the time of booking to ensure that accommodation, goods or services as booked and agreed with the merchant are available). For more information, please contact your Visa-Acquirer. You should try reading the tape on the map. If the tape cannot be read, you can refuse the card or manually enter the account number in the terminal. However, note that if a transaction is manually unfenced, you may be subject to a back-up. Below are some frequently asked questions about visa rules. If you have a question about a visa rule that is not covered below, please contact Visa at [email protected]. Please note that visa rules change from time to time.
If there is a discrepancy between the information contained in these frequently asked questions and the visa rules, the visa regime applies. You will find other requirements in the visa acceptance agreement between you and your purchaser. The proposed discounts for making cash, cheques or other non-credit card payments are not a financing fee if they are offered to all potential buyers and clearly disclosed in accordance with the rules. No travel service provider may impose an increase on a travel agency or reduce the commission it pays to a travel agency that acts as an intermediary for such a provider when the buyer uses a credit card to acquire the travel services of such a provider. In some countries, for example. B, Russia, the United States and some Asian countries, a trader is allowed to charge a convenience fee to the customer. The fee must be a flat fee (not a percentage of the transaction amount), be clearly disclosed and constitute a payment for the comfort of payment via an alternative payment channel (for example. B online) different from the merchant`s normal payment channel (for example. B, mailing a cheque or paying in person). A merchant is allowed to offer discounts for cash payment, however, the discount must be indicated as a reduction in the standard price. As a general rule, a merchant is allowed to request identification, but cannot require it as a condition of acceptance of the Visa card.