Threats of hacking are omnipresent in credit card payment processing and there is no sign of relief on the horizon. The only solution is continuous mitigation and remaining updated on trends. If it is affordable, contracting to an IT security provider specializing in attacks is recommended. Recently we read a news item in which an…
Tag: credit card payment processing
Credit Card Payment Processing: Fraud Report Notes Patterns, Red Flags
There is a degree of empathy when we provide an e-commerce merchant the credit card payment processing solution they need, and that empathy comes from the staggering amount of fraud from which e-commerce merchants need to defend their businesses (and themselves). We also feel for our longtime merchant partners, because fraud prevention and identifying the…
Visa ‘Collaboration': Credit Card Payment Processing Merchants Must Be Better Communicators
With the Visa Claims Resolution in full effect, credit card payment processing merchants have no choice but to become better communicators. Earlier this week we blogged about the ‘allocation’ process – half of Visa’s new dual workflow approach to resolving chargebacks (which Visa now calls ‘disputes’), effective April 15, in which Visa initially decides whether…