by Julie Franke | Jul 8, 2020 | Electronic Payment Solutions, Fraud Management, High Risk Businesses, Industry News, Merchant Account, Payment gateways, Payment Processing, Secure Payment Processor, Transaction Security |
Understand How Fraud Is Occurring in Your Business Here are 4 simple steps to review in your business to discover how fraud is finding its way into your systems. Review current fraud settings in payment platforms Do you have systems optimized to alert you when...
by Julie Franke | Jun 24, 2020 | Electronic Payment Solutions, EMV Chip Cards, Fraud Management, High Risk Businesses, Industry News, Merchant Account, Merchant Account Fees, Payment Processing, Secure Payment Processor, Transaction Methods, Transaction Security |
Taking payments always seems like it would be straight forward and easy. You have a product and your customer hands over cash for that product. That should be the end. More than half of sales have payments in the form of a credit or debit card. Those are digital...
by Julie Franke | Jun 16, 2020 | Electronic Payment Solutions, Fraud Management, High Risk Businesses, Industry News, Merchant Account, Payment Processing, Secure Payment Processor, Transaction Methods, Updates |
Having a membership or subscription model business has been a trend in the way that businesses structure how products and services are sold. It is a great way to ensure future income and know how much labor will be needed. However, this business model does come with...
by Julie Franke | Mar 18, 2020 | Electronic Payment Solutions, Fraud Management, High Risk Businesses, PCI compliance, Secure Payment Processor, Transaction Security |
The business landscape has changed dramatically over the last few weeks. More and more businesses are moving to online formats, even if just temporarily. This will bring more fraud. When you are a business owner, the buck stops with you. It is your responsibility to...
by Julie Franke | Feb 21, 2020 | Electronic Payment Solutions, Fraud Management, High Risk Businesses, Merchant Account, Payment Processing, Secure Payment Processor |
Simple Tips to Help Prevent Chargebacks Take card present transaction and always obtain chip information in the transaction.Offer debit as a transaction type.Know your customer.Make sure your customer knows your business name.Conduct business in a professional manner...
by Julie Franke | Feb 7, 2020 | Electronic Payment Solutions, Fraud Management, High Risk Businesses, Merchant Account, Payment Processing, Secure Payment Processor, Transaction Methods, Transaction Security |
Payment systems have gotten much more complicated in the last 20 years. This will continue to happen as fraud prevention tools are becoming more sophisticated and complex. One fraud prevention tool that is important for all credit card transactions is AVS. AVS stands...
