Yes, Merchant Support Network offers both leasing and purchasing options to your business. Yes, you will receive a comprehensive statement monthly, detailing your credit card daily deposit totals. The funds are direct deposited into the business checking account of your choice. Most accounts deposit in 2 business days. Leasing is an attractive alternative when you want to preserve working capital, have a tax deductible business expense, and receive your account and equipment with only your first months' payment.
Any customer has the right to dispute a credit card charge from the card's issuing bank.
If a charge is challenged, a retrieval request will be sent to the merchant asking for proof that a sale had been made by the customer. A merchant should take due diligence to protect against someone trying to order merchandise with stolen cards by becoming familiar with the process. AVS is a service that is built into the authorization process to help prevent fraudulent transactions. The numerical portion of a consumer's address is sent along with the transaction data and is matched against the address that is registered with the consumer's credit card from their issuer's bank. Currently, a match or mismatch is simply reported back to the merchant and does NOT result in a transaction decline.