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..
Fraudsters Con Card HoldersThe numbers on the back of your credit card are supposed to help present fraud. The theory is that if the buyer knows the numbers, the buyer has physical possession of the cardIn the latest scan, card holders are receiving phone calls where the caller represents himself..
Corporations Pay with CardsThese days everyone is using plastic to pay. And that “everybody” includes corporations. More and more corporations are making purchases on corporate or purchasing cards. It’s a wise decision for the company since record keeping and account reconciliation is a..
Alternative Payments Continue to GrowAccording to Javelin Research alternative payment methods accounted for $33 billion in internet purchases in 2009. This was a increase of 50% from 2008. Alternative payments now account for about 16% of online payments.Javelin predicts that alternative..