Q:In a previous column, you warned that ARC has the right to put an agency in default and, in 30 days, terminate it, if the agency does not pay a single debit memo for an allegedly unauthorized credit ...

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 ...

Q: ARC recently published a paper called "Best Practices for Effective Debit Memo Resolution and Prevention." In my experience, there is very little ARC can do to help with debit memos, since most ...

It's been six months since you took that flight from Dallas to Greenville, SC. But what's this? A bill from your travel agent for $404? Yes, it is. Your agent just got a debit memo from her airline ...