Most internet merchants are now requiring consumers to enter the three or four digit number on the back of the credit card as part of the checkout process. The three digit code is known by several names: Card Verification Value (CVV); Card Validation Code (CVC); and Card ID (CID).The theory is..
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..
AVS Protects Your BusinessEveryone knows that when buying online, high risk merchants ask for a billing address. In the merchant processing world, this is called address verification service (AVS). AVS is a method used to determine whether or not the purchase is legitimate.It makes financial..
Boost Profits with Alternative PaymentsCards are the most popular method of payment for consumers making purchases online. But, if you only accept cards at checkout, you are losing sales and leaving money on the table unnecessarily. Alternative payment methods are the fastest way to increase..