Early in June, we blogged about e-commerce tips for starting an online business. Today we will discuss myths that surfaced regarding starting and maintaining eCommerce businesses. Some think that starting an eCommerce business is simple and will take their business globally within seconds. Unfortunately, as most of us know, this simply is not true. Below…
Tag: e-commerce security
Fraud Awareness for Card-Not-Present Transactions
Through technological advances and the increase of computer-savvy hackers, it is more important than ever for e-commerce merchants to enhance their fraud prevention strategies. Just like Visa says, “If the card is not there, you need to be more aware.” There are many simple techniques merchants can implement to help prevent card-not-present fraud. Below is…
Protecting Your Customers' Credit Card Data from a Cyber Attack
Nearly every online news source has a handful of articles that discusses impending cyber attacks—2013 is the year for smartphone cyber attacks, major attack looming over the banking industry, cyberwarfare could take out the entire British military, cyber terrorism could send the economy crashing! Sure, the media and propaganda build up the hype to create…
Early Warning Signs for Chargebacks
Chargebacks are a merchant’s number one enemy when it comes to merchant accounts and credit card processing. However, Instabill performs a number of steps to help you prevent them from occurring. Reviewing Credit Card Orders The Instabill Risk Management Team reviews all transactions that pass through our payment gateway on a daily basis. We look…
Reassure Customers with Confirmation Emails
When customers make a purchase from your e-commerce store, a good rule of thumb is to send confirmation emails. Think about it: When you go to a store, you pay the cashier and immediately receive your goods and your receipt. These are physical reassurances that let you know your transaction is complete, and you can…
Back to Basics: What You Should Know as a Start-Up E-Commerce Merchant -- Part 1
We’ve been helping e-commerce merchants thrive, grow, and succeed with their businesses for a really long time — and with the global economy not exactly at its finest, I thought it would be a great idea to go back to the basics of running an online business. Over the next couple of weeks, I’ll be…
Instabill Fraud Prevention: Using an Address Verification System
Credit card fraud prevention is a hot topic for merchants–and for everyone else working in the payment processing industry. Fraudulent transactions can mean lost profits for everyone involved. Fortunately, merchants can protect themselves in a variety of ways. One way merchants within the United States can protect their business is by using the Address Verification…
Card-Not-Present Processing: Web-Based vs. Virtual Terminal
Payment processing tools for card-not-present transactions — web based and virtual terminal — allow merchants to accept and manage credit card transactions without their customers having to be there. The tools needed to accept these payments are minimal–an Internet connection, a Web browser, and possibly a shopping cart. Let’s take a look at the different…
3D Secure Processing: Decoding the Three Ds
Whether you are an e-commerce veteran or startup entrepreneur, you may be familiar with 3D secure processing — an additional layer of fraud protection provided by certain banks. 3D secure goes beyond simply requiring credit card and customer information by adding a password to the credit card for online payment processing. Only the cardholder and…
Safe and Secure with SSL Certificates
When you operate an online store, telling your customers that your website is secure just isn’t enough. You need to show your customers that you can safely handle their credit card information. One way to do this is by using an SSL (Secure Socket Layer) Certificate. SSL Certificates come in different shapes and sizes, and the…