Who Regulates the Credit Card Processing Centers?

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Tip 1 - Who Regulates the Credit Card Processing Centers? | eHow

Published: 9 years, 6 month(s) ago | Submitted by Onkabetse Raditholo | permalink

Credit card processing centers are powerhouses of credit information and influence whether or not you qualify for a credit card. They are regulated by the Federal Trade Commission, which oversees much of the credit card industry.

For further reading: http://www.ehow.com/facts_6156120_regulates-credit-card-processing-centers_.html ^[1]

Tip 2 - How to Report Bad Credit Card Processors • Expert & User Reviews

Published: 9 years, 6 month(s) ago | Submitted by Felipe Ceccato | permalink

Before you jump straight to reporting a merchant account provider, be sure you have exhausted all of your options with the company itself. Take notes and record the names of with whom you spoke, their titles and what they told you. This is important because most agencies will not get involved unless you have made a good faith effort to settle the disagreement directly.

For further reading: https://www.cardpaymentoptions.com/credit-card-processing/how-to-report-bad-credit-card-processors/ ^[2]