by Julie Franke | Apr 12, 2020 | Electronic Payment Solutions, Industry News, Merchant Account, Payment Processing, Secure Payment Processor, Transaction Methods, Updates |
Many businesses today are finding it easier to go cashless. Most businesses already no longer accept checks. Businesses often take cash and credit for goods and services, but most online businesses only accept digital payments. Have you wondered if going cashless is...
by Julie Franke | Mar 26, 2020 | Electronic Payment Solutions, EMV Chip Cards, Fraud Management, Merchant Account, Payment Processing, Secure Payment Processor, Transaction Methods, Transaction Security |
If you are taking payments card-not-present transactions in your business, either over the phone or through your online shopping cart, you have likely experience credit card fraud. Over 80% of fraud happen in card-not-present situations. In some business models, this...
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 | Mar 12, 2020 | Fraud Management, Merchant Account, PCI compliance, Secure Payment Processor, Transaction Security |
Most business owners have heard that PCI Compliance is important. They know they may pay a fee if compliance is not completed annually. But, do you know what is really at stake? It is cardholder data (credit card data) that is at stake. Not just your customers data,...
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...
