Chapter 2 – Address Verification for Fraud Prevention

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Asking for address and zip code when accepting a credit card payment over the phone or over an e-commerce site is another great tool in place to prevent chargebacks and the losses that occur should a stolen credit card be used for a purchase. Especially when shipping products, matching the shipping address to the address on the credit card holder’s account is a strong fraud … Read More

Chapter 1 – Chargeback Prevention: The Little Code on the Back of the Card

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Chargeback prevention is front of mind for many in today’s environment of taking transactions online and over the phone. Chargebacks can cost you time, energy, and most importantly for any business, money. Through a series of blogs, we hope to educate you to information and tools you can use to protect your business. How many times have you purchased something online? We’ve all at some … Read More

Interchange Optimization for B2B (Business to Business) Processing

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Purchasing cards, corporate cards and business cards (B2B cards) are a procurement card issued by a large corporate or government entity to an employee to make purchases without the time consuming task of getting an approved acquisition form. These cards are authorized for certain types of business purchases. For example: An employee may purchase industrial parts for his manufacturing firm but not take his wife … Read More

3 Essential Things to Know About Chip Cards

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In the results of a telephone survey that collected data from 932 credit card holders, it was found that 70 percent of American credit card holders today shop with EMV technology-based chip cards. While it may have once just been a point of interest for proprietors with a penchant for keeping up with industry metrics, these days, being savvy about chip cards is highly important … Read More

Secure Your Business’s Online Transactions

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In an era where credit card fraud is prominent and an easier, more viable option for illegally obtaining money, it’s understandable that business owners are concerned about the security of their transactions. This is especially worrisome when a lot of your merchandise is sold online. With the integration of EMV chip enhanced credit cards, fraudsters are becoming more and more savvy with online credit card … Read More

ECommerce 101: Protect Your Business from Fraudulent Sales

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Fraud can happen to any business. It can lessen sales, decrease customer trust, and if it becomes a frequent issue, put a company out of business. However, there are a few things you can do to protect your business from fraudulent sales. Check out these helpful tips on how to prevent fraudulent sales within your business: AVS (address verification) When the shipping address for the … Read More

What is PCI Compliance and Why Do You Need It?

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For many of us, swiping our debit and credit cards is a simple task. We are able to make our payment for our merchandise and be on our way without a single thought after. However, have you ever considered the process the merchant has to go through for your payment to be made? Are you a merchant yourself? Do you understand what PCI compliance is … Read More