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(Solution Download) Which of these statements about Visa credit card sales is incorrect?

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Which of these statements about Visa credit card sales is incorrect?

 

 

 

(a) The credit card issuer conducts the credit investigation of the customer.

 

 

 

(b) The retailer is not involved in the collection process.

 

 

 

(c) The retailer must wait to receive payment from the issuer.

 

 

 

(d) The retailer receives cash more quickly than it would from individual customers.

 

 







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This question was answered on: Oct 24, 2017

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