Merchants who accept card payments through a point of sale (POS) system may find themselves in the position of running a force pay debit transaction - triggering a force pay debit memo. A force pay ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

ARC has released a document outlining best practices for avoiding and managing debit memos, created by its Debit Memo Working Group. The group -- whose members are representatives of airlines, travel ...

HOUSTON -- Continental, further explaining its new debit memo charges, said agents will not have to pay its new $25 debit memo service fee if the memo is proven to be invalid. "Continental will not ...