Thursday, 29 January 2015

credit card handling procedure

                                                                            Credit cards :-

The early credit card system was the travel letter system introduced in the USA in 1894.the diners club ,a finance company ,can be attributed with the distinction of present credit card system .
Procedure for handling credit cards :-
1-      Present the charge record form to the guest and receive the signature on it
2-      Check the following to establish the validity of card :-
a)      Whether credit card is accepted by the establishment.
b)      Expiry date on the card.
c)       Compare card holder signature on the credit card with that on the charge record form.
d)      Compare the name and number with the cancellation bulletin circulated periodically.
3-      With the use of an imprinter, imprint the embossed credit card number on the credit card onto the charge record form in the space provided.
4-      Enter the date and amount .
5-      If the total exceeds the authorized limit, look for instructions in “general regulations”.
6-      Give original copy of charge record form to the guest .clip other two copies with the bill.
7-      All charge record form are collected and totaled at the end of the day..
8-      The total of not more than 100 charge record form are collected and summarized.
9-      Send the summery of charge record form along with the hard copies of the individual charge record forms to the company.