business questions - answers to business questions
*Business questions>>>Credit Questions

why do some retailers not accept visa electron?


Question:
why do some retailers not accept visa electron?

Answer:
I work for an online retailer, and we are unable to accept Visa Electron, but the reason is very simple - it is just not possible to action a 'customer not present' transaction with that type of card.

This is related to the fact that Visa Electron cards are generally issued to people that banks consider to be at risk of making purchases that they cannot afford - the young, those with poor credit histories etc. It's more than a little prejudiced, but the banks have the authority to make the decision as to whether or not they'll offer you another type of card.

In our walk-in retail stores, you can use a Visa Electron card with gay abandon, providing you have the funds available.

I would suggest that you contact your bank to see if they will upgrade you to a Visa Delta, you can use those pretty much anywhere.
Related Questions
  • why do some retailers not accept visa electron?
  • does anyone know if i can use my 401k pension as collaterial to secure a loan ?
  • Has anybody had any experience with a good credit repair company?
  • How can I find out exactly when the seven years of negative info began?
  • Is it better for my credit to let my car be repossessed or to keep making late or partial payments?
  • Does anyone have experience with the chase +1 visa card?
  • I owe a credit card balance from years ago for $400. They're now suing me for $1500. Can they win?
  • Does anyone know of a company that does NOT use Teletrack or Telecheck to take out a Payday Loan?
  • Has anyone had to deal with chex systems?
  • Wrong social security # on credit card aplication?
  • Categories
    Taxes Small Business Renting & Real Estate Personal Finance Other - Business & Finance Investing Insurance Credit Corporations Careers & Employment Advertising & Marketing
       

    business questions and business answers
    Loan,Banking and CreditFor personal non-commercial use only. All rights reserved.