Posted by admin on Apr 23, 2010


In the expanding world of ecommerce credit card fraud, here’s an interesting scam.You might have seen sites offering gift cards for a discount.  You probably figured it was way for folks to pocket some money by simply by selling a gift card they did not want.  Sounds innocent, right?Instead, a..

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Posted by admin on Apr 09, 2010


Contactless card payments have been touted as the next big opportunity in payment processing.  With a contactless card, a consumer simply waves a card at a reader rather than swiping the card.  The best applications for contactless payments are high volume, relatively low ticket environments such..

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Posted by admin on Apr 05, 2010


Ah, chargebacks.  The bane of any merchant accepting credit cards.How can you cope with chargebacks?Here are 5 quick tips that every high risk merchant account can immediately implement.Use address verification.  Internet payment gateways, whether integrated directly through a website or used for..

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Posted by admin on Mar 15, 2010


What is an Acquiring Bank?An acquiring bank is a financial institution which processes card payments on behalf of a merchant. The term acquirer indicates that the bank accepts or acquires credit card payments from the card-issuing banks and processes them on behalf of the merchant.Four Functions..

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