0%
PCI-compliance is a vital step towards your business success, and that is why you should complete the SAQs and AOCs before the year ends. You do not only hold proof that you are PCI-compliant but you also avoid paying non-compliance fees from merchant account providers by being non-compliant. You can be charged up to $40 per month if you are non-compliant.
Any business owner or merchant would always look at their return on investment or ROI as their main measure of success, and one of the fool-proof ways to secure their ROIs is to make sure that money keeps pouring into the business from all directions. This is...
Highlights: This is the third and last part of a blog series we created as part of a global campaign for #FraudWeek The first part of the series explores fraud and fraud-related chargebacks The second part of the series talks about EMV technology and its contribution...
Highlights: This is the second part of a blog series we created as part of a global campaign for #FraudWeek The first part, which explores fraud and fraud-related chargebacks, can be read here Previously, we talked about fraud, fraud-related chargebacks, and how they...
While technology created the space that allows for seamless financial transactions between clients and merchants, it has also become a cause for abuse. It has provided another area of opportunity for potential criminals to leech on, most of which are fraudulent in...
Billback is a payment processing plan that allows your provider to offer you a flat rate like 1.79%. That means your monthly payment will include a transaction fee of 1.79% on every single transaction you made, regardless of the type of interchange category the transaction amount to.
New data from the Auriemma Consulting Group (ACG) shows that card present credit card fraud losses have decreased by 18%, the lowest levels since 2013. With major adoption of chip technology by card issuers and merchants, card present fraud has become more difficult...
When you take credit cards in person it is a good idea to ensure that your staff are knowledgeable about Credit Card Security Features. Buy knowing and understanding these features, merchants can help reduce the likelihood of card present fraud. A few good tips are to always check for a signature on the back of the card and to ask for ID to verify the signature.
As a merchant, it's possible that you'll see a credit card dispute at some point in your business. Many businesses for one reason or another have already experienced a customer disputing a charge and have had to deal with a "Chargeback". This week, however, we wanted...
One of our clients called us with an interesting question regarding disputing a fraudulent transaction on their Business Debit Card. As part of our weekly newsletter series, we asked one of our staff members to get to the bottom of it and make sure our customers knew how to protect themselves.
As a merchant you have a responsibility to protect your customers sensitive data, yet every year we hear about massive data breaches and most people with a credit or debit card have received a replacement card due to a breach. While these types of large scale breaches...
While most of the time, customers are one of your greatest assets -- they spend money, buy goods and help keep everything running-- sometimes an unassuming customer can create a lot of headache through friendly fraud. Friendly fraud occurs when the cardholder disputes...