Santiago Cleaners Allows Customers Make Purchases Using Their VISA Credit

question 27

Multiple Choice

Santiago Cleaners allows customers make purchases using their VISA credit cards.If customers purchase from Santiago using VISA credit cards,which of the following statements is correct?

• A)VISA pays Santiago the full amount of purchase,without charging a fee.
• B)VISA will wait until the customer makes payment to the credit card company until forwarding payment to Santiago.
• C)Santiago does not have to collect directly from customers.
• D)Santiago must bear any losses from uncollectible accounts.

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