If a retailer accepts a national credit card such as Visa the retailer must maintain detailed records of customer accounts.

Question

Daniswara Ilham Budiman · Accepted Answer

Final Answer : False, Explanation :  While the retailer may need to process payments through the national credit card network, they do not necessarily need to maintain detailed records of customer accounts. That responsibility typically falls to the credit card issuer or the cardholder themselves.

If a retailer accepts a national credit card such as Visa the retailer must maintain detailed records of customer accounts.

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