In the event that a credit card processor turns you down and you know for a fact that you have available credit left, immediately turn to the phone number placed at the back of your card. This is the best way of directly getting in touch with a service representative so that you do not get flagged for fraud and will get lifted from any freezes.
Sometimes, if you are in a different country, you may be turned down by a credit card processor for your own protection. To mitigate this, call them ahead of time to let them know of your whereabouts so that you can keep on using your card without any hiccups.
A standard practice you should do is turn on your account alerts. This allows you to constantly monitor your account and transactions, and attend to any failed transactions immediately. You can also turn on your fraud alerts so that you are flagged right away, and can resolve the issue if it arises.
Try to monitor your credit as much as possible so that you are aware of your credit status, receive updates on credit utilization, be notified of unusual activity, and stay attuned to your overall balance.
These are some of the best things you can do to avoid getting turned down by your credit card processor. Take note, however, that you may still get turned down because issuers do what they can to block suspicious activity and fraud. The following tips should help you stay vigilant and proactive no matter what.
Want to learn more about what goes on behind credit card processors? Check out Processing Card today!
Florence Carpenter is passionate about ensuring that the process of opening merchant accounts is as straightforward as possible. She graduated from the University of Michigan with a bachelor’s degree in Marketing.
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