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FAQ & 3rd Party Sharing

Answered by: 

Question: 
If a consumer gives their card info, by SOP we consider that an authorized transaction.
Answer: 

That would be an incorrect SOP. You must ask WHY the consumer gave that info. If the intent was verification only, no transaction was authorized.

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Learn more about Andy Zavoina’s Reg E Guidance & Violations Explained webinar.

First published on 06/27/2021

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