How Long Should A Business Keep Signed Credit Card Receipts? There are two primary reasons to keep signed credit card receipts: Dispute chargebacks Tax purposes Customers have anywhere between 60 days and 18 months to file chargebacks on purchases, depending on the bank that issues the card. Signed receipts are supporting documentation to the bank [...]
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Using Credit Card Terminals Over Phone Lines For many years, the most common way to process credit card transactions was through a phone line. Even though the industry was slow to adopt high-speed internet connectivity, it is now the standard. However, some businesses still haven’t elected to upgrade to the speed and reliability that IP [...]