Visa Chargeback RC 70- No Verification/Exception File
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- Online Services Reviews
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The buyer’s bank received a transaction that was below the merchant floor limit and the bank account number was listed on Visa’s exclusion file, may be because the merchant either did not verify the exclusion file or collected a privative response. The most common cause is when goods and services process a transaction below its floor limit without making sure that the exclusion file had been verified.
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