What is a CAT 3 device?
Mastercard Reason Code 4808 Cardholder-Activated Terminal (CAT) 3 Device. Reason code 4808 indicates the broad category “authorization-related chargebacks.” This generally means there’s some argument as to whether a transaction was authorized by the issuer at the time of sale.
What is cat transaction?
A MasterCard POS Transaction that occurs at an. unattended POS Terminal must be identi fied as a. Cardholder-Activated Terminal (CAT) Transaction, as.
What is a card activated terminal?
Cardholder-activated terminals (CATs) are typically unattended terminals that accept bank cards for payment. These terminals are frequently installed at rail ticketing stations, gas stations, toll roads, parking garages, and other merchant locations.
What does addendum dispute mean?
What Is an Addendum Dispute? Chargeback reason code 4853 can be used in reference to cases where a customer claims that something extra was added to their bill. Intentional fraud would mean the merchant is tacking on a bogus charge to the bill after the original transaction has been authorized.
What is the difference between CAT III and CAT IV?
CAT III is for distribution wiring, including main busses, feeders, and branch circuits with permanently installed loads. The highest is CAT IV, which is installation at the origin or at the utility level.
What is Cat 3 multimeter?
A higher CAT number refers to an electrical environment with higher power available and higher energy transients. Thus, a multimeter designed to a CAT III standard is resistant to much higher energy transients than one designed to CAT II standards. The primary hazard is electric shock, not transients and arc blast.
What is a customer terminal?
In telecommunications, the term customer office terminal has the following meanings: 1. Termination equipment that (a) is located on the customer premises and (b) performs a function that may be integrated into the common carrier equipment.
What cat sales means?
Taxable Gross Receipts – Gross receipts subject to CAT are broadly defined to include most business types of receipts from the sale of property or realized in the performance of a service. …
How much time do you have to do a chargeback?
120 days
In most cases, cardholders have a 120-day window after that date in which they may dispute a charge. However, there is also a shorter 75-day window for certain issues. Cardholders have 120 days to file a chargeback for issues related to: Fraud.
What is a good faith chargeback?
Good Faith Collection is used when a dispute is outside of Visa and MasterCard timeframes for a chargeback or representment. It can be initiated by either an issuer or an acquirer – Merchant Services. The Good Faith Collection process is not mandated or managed by Visa and MasterCard.