What does card recovery bulletin mean?

card recovery bulletin meaning in Law Dictionary

paper report on lost, taken, past-due, over-limit, counterfeit or elsewhere issue cards published by credit card companies, like Visa or MasterCard. Merchants will review record to see if a credit card seems dubious or perhaps not.

card recovery bulletin meaning in Business Dictionary

a report that details stolen bank cards, past-due accounts, and over-limit accounts usually posted by Visa and MasterCard. Most files are now actually held digitally, but report bulletins are utilized by merchants who do maybe not use computers or the Web. Also referred to as cancellation bulletin, hot card listing, or restricted card list.