Types of Card Payments There are three main types of payment card transactions: credit, signature debit, and PIN debit. For PIN debit transactions cardholder charges are posted immediately following the receipt of the authorization message. For credit and signature debit transactions, the issuer..
ID Verification Important for High Ticket Sales Identify verification is particularly important to high risk merchants selling high ticket items. Merchants selling high end electronics, jewelry, furniture, collectibles and other valuable merchandise are especially prone to fraudsters. Merchants..
Whether it’s due to customer dissatisfaction, ‘friendly fraud’ or outright fraud, being faced with a credit card chargeback is an inevitable part of a ecommerce. If it has happened to you, take some comfort from the fact that you are far from alone. A a recent study from Juniper Research..
PCI-DSS Protects YouBreaches in card processing security are in the news all the time. Even the largest payment processors are not immune from attack.The rewards of a successful breach are enticing for cybercriminals. Millions of card numbers can be stolen at one time. Cards are used to buy..