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 ...

Q: One of the most unfair tactics that airlines use against travel agencies is to try to collect on debit memos for debts that are obviously not the fault of the agency. The classic example is ...

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 ...

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 ...

United Airlines is seeking to be the industry leader in reducing the number of debit memos-a perennial problem for travel agents-through a host of developments it says has already saved travel ...