ForumAlthough we strive for perfection in our publications, alas, we are only human and do make mistakes. In "Check 21 spurs back office interest," The Green Sheet, March 13, 2006, issue 06:03:01, we spelled Bob Ficarra's name incorrectly. In "Thanks to NAOPP for a great year of 'Street Smarts,'" The Green Sheet, March 27, 2006, issue 06:03:02, we should also have acknowledged Kathy Harper, NAOPP's Immediate Past President, for her coordination efforts with the column. In addition to writing many of the articles herself, she worked with the other authors, coordinating a schedule and posting their questions on GS Online's MLS Forum. In "E-filing drives credit card tax payments," The Green Sheet, April 1, 2006, issue 06:04:01, we incorrectly stated that Discover Financial Services LLC would waive the fee for cardholders who use H&R Block or TurboTax products to prepare and e-file their taxes. This was something Discover offered exclusively to its cardmembers last year. Discover is NOT waiving the convenience fee this year. The Green Sheet Clarification on 'qualified' merchants
- Whiteknight (MLS Forum member) Whiteknight: In order for a merchant to be "qualified," the merchant must demonstrate to Visa that adequate checks and balances are in place. For example, that CVV2 is not being stored at the merchant location or in any database. Visa will then provide a certification letter to that merchant. A copy of this certification letter must accompany the retrieval fulfillment documents that are sent to the issuer for protection under the chargeback rules. This mostly applies to larger merchants (e.g., Wal-Mart or Nordstrom) who do not want to supply manual imprinters to their store locations. If you have any further questions feel free to contact me. - David H. Press |
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© 2006, The Green Sheet, Inc. |
he article "Educate merchants on AVS and CVV2 changes, new interchange fee," by David H. Press (