1 Answers
Bankim Chandra Staff answered 8 months ago A processing history helps the merchant acquirer to identify some critical numbers. These are listed below.
- Monthly sales volume
- Average ticket size
- Minimum ticket size
- Maximum ticket size
- Number/Percentage of Returns
- Number/Percentage of chargebacks
Based on the above numbers the processor can identify the expected sales volume and the risk profile of the merchant.
Hope this helps.
