Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a qualified, mid-qualified, and a non-qualified transaction?

April 26, 2017mid-qualified non-qualified qualified transaction

0

Posted

What is a qualified, mid-qualified, and a non-qualified transaction?

1 Answer

0

Posted

A. A qualified transaction means the credit card was swiped through the Point-Of-Sale machine. B. A mid-qualified transaction means the credit card had to be manually typed in with “AVS” and/ or using a “CVV2 code”. This transaction occurs either by taking orders online, by phone and/ or if the credit card strip is not readable. C. A Non-qualified transaction means it is either a corperate credit card or the credit card sales was forced without using “AVS” or a “CVV2 code”.