4 ms·

What is "force posting"?

• Shank 4y ago
  > A force-post transaction allows the merchant to bypass the authorization process by manually entering a previously obtained authorization code. > The transaction is then routed through clearing and settlement and subsequently force-posted to the issuer. From: https://www.sbcp.bank/blog/banknotes-blog/how-fraudsters-are-using-force-sale-transactions-to-commit-fraud https://www.sbcp.bank/blog/banknotes-blog/how-fraudsters-are... In effect, a force-post transaction is just a normal transaction that didn't use the authorization process. It turns out that this is a thing that can happen!