Dynamic Transaction Reference and Original Credit Transfer are valuable additions to Card Acceptance (CNP) in long distance selling.
Dynamic Transaction References on the customer's card account can help to improve the recognition and thereby reduce the number of rejected card transactions.
With Original Credit Transfer Visa card accounts can be used not only for collection, but also for the disbursement of funds.
Dynamic Transaction Reference is interesting for all long distance merchants, especially for those who
- count on customer relationship management.
- want to avoid unnecessary customer inquiries in the payment settlement process.
- want to avoid unnecessary chargebacks due to unclear transactions.
Original Credit transfer is interesting for long distance merchants who are looking for a convenient alternative to existing procedures for the disbursement of funds to their clients.
Dynamic Transaction Reference
- More transparency as a customer relationship instrument.
- Reduction of inquiries and chargebacks due to unclear transactions.
- Minimizing time, efforts and expenses in the transactions and chargeback processes.
Original Credit Transfer
- Alternative to existing payment procedures without media fraction.
- Minimizing time, efforts and expenses.
For further information please download our [factsheet] (currently available in German language only).
