Category: Secure payment system
Preventing Costly Chargeback Charges
Credit card chargebacks can be very troublesome for a business, especially one that is newer. A chargeback often results in funds being reversed, even if products have already been shipped or services have already been completed. A chargeback often occurs when a banking institution claims that a transaction is unsafe. It may be a legitimate
Continue Reading...What You Need to Know About the Card Not Present Transaction Process
Nearly $8 billion is lost in the United States every year to credit card fraud. Meanwhile, there were about 1,540 data breaches across the globe in 2014. This represented a 46% increase from the year before. This means that more than one billion data records were compromised. Identity theft was at the heart of 54%
Continue Reading...