Credit Card Processing
How to Make Payments Easier for Your Customers
When people first started exchanging goods and services, they used barter trade, which was a challenge. After all, how do you decide how many bags of salt or heads of cattle are equivalent to an hour’s use of your swimming pool? Once precious stones and metals became forms of exchange, it was easier to gauge,…
Read MoreWhich is the Best Payment Gateway for Me?
A payment gateway is used to validate the credit card details of a customer in a secure manner. It is considered the equivalent of a point of sale terminal in a brick and mortar store, except that it’s for online transactions. The gateway will pass the customer’s financial information from the Internet to the banking…
Read MorePCI Compliance and Payment Gateway
PCI compliance can be daunting, but if you are a business accepting credit card payments, there’s no way around it. Some business owners think that with the proper gateway, PCI compliance is no longer necessary. Unfortunately, that is not the case. PCI compliance mostly takes place within your server system, and it provides guidelines for…
Read MoreFraud is Evolving; So Should Your Data Security.
As the world advances, so does the criminal element. Just like every gun invites the development of bulletproof clothing, every fraud detection method prompts unsavory characters to try and get round it. Stay on top of things by reading widely and keeping in touch with industry security networks, and learn how to safeguard your company…
Read MoreA Seamless Checkout To Prevent Revenue Loss
A seamless checkout process has been shown to increase conversion rates. However, streamlining the checkout process has to be done carefully while keeping PCI compliance standards in mind. After all, it won’t do you much good to increase conversions, if you also wind up bogged down with fraud charges and fees, acceptance rates, damage to…
Read MoreHow Do I Get My Online Business PCI Compliant?
Becoming PCI compliant can increase your customers’ trust in your brand, and encourage more online purchases. However, achieving PCI compliance can be a confusing process. This article will look at the basics of getting your online business to be PCI compliant. Typically, you will have received a welcome message when you first signed up for your…
Read MoreCombatting Payment Fraud
There are always risks associated with doing business online. From hacking, to data theft and payment fraud, businesses have to be careful, and protect themselves against liability and losses. Luckily, there are numerous tools and techniques out there that help increase security. When it comes to payment fraud in particular, credit card issuers and merchant…
Read MoreThe Seamless Checkout Experience
A seamless checkout experience is a key driver of your business’s success. People live their lives in such a rush these days. There seems to be so much to do, and people are always surging towards the next thing. That’s why speed and efficiency are so valued by customers. If you are known for quick,…
Read MorePayment Processing
The term ‘payment processing’ may sound complex and intimidating. On the surface, it simply describes customers using credit cards or debit cards to pay for something. But the process itself – even though it only takes a few seconds – is intricate and complicated. Let’s start by looking at some of the terms involved. Issuing…
Read MoreHow AVS and CVV Filter Fruad
AVS and CVV are excellent fraud filters. When accepting credit cards, there is always the risk of encountering a fraudulent transaction. In fact, sometimes businesses will have to take a revenue loss due to chargebacks, some of which will be fraudulent. In order to prevent this, there are two major tools available: AVS and CVV.…
Read More