Long-term, via credit card attestation to a trusted device (eg Apple Pay) where the consumer verifies the merchant name & addres they're paying.
Long-term, via credit card attestation to a trusted device (eg Apple Pay) where the consumer verifies the merchant name & addres they're paying.
Here often with smaller restaurants the name can be nearly anything. Very often I end up scratching my head trying to figure out what did I buy. This is due to them having multiple companies and payments going through different one from the restaurant name. While being entirely legitimate. Sometimes it is something like smaller franchise chains.
There are lots of restaurants (legitimate ones!) that use some payment processor on the backend whose name shows up in the transaction. So asking consumers to verify the payment info, when the payment info may not match the restaurant, is a losing battle.
This is because banks only show one line on the transaction history. Payment processors should have the ability to report more information about each transaction, and customers should have the ability to see it.