A Los Angeles merchant credit card processing account is critically important to your business's success. In addition to being able to accept cash and checks for payment, it enables you accept debit and credit card payments. There are advantages and disadvantages to accepting credit cards. Read on to find out more about avoiding fraud and charge backs.
Exercise caution in your International transactions. Problems have been reported across eastern Europe and in some Asian nations. Those areas are filled with people who are often suspected of fraudulent purchases. Be particularly cautious when there is a big order for a lot of expensive things.
Insist upon getting the CVV number. This number is located on the back of the card, on the signature line, following the 16 digit card number. By requiring that number, charge backs can be reduced by around 25%, according to credit card company estimates. Transactions will be denied by some credit card companies without it.
Look at orders for expensive items with overnight shipping with caution. That's particularly good if these things can easily be sold for cash out on the street. That can be said about extremely big orders, too.
Don't hesitate or be afraid to exercise extreme due diligence with suspicious orders. If you receive an order that seems a little weird to you, you should get the customers info including his name address and phone number. Satisfy yourself that the transaction is authentic.
Should you be suspicious about an order, request identification and copies of the data and the credit card. Make it a condition that the buyer fax you a copy of license and credit card. This will protect you from any purchases that are fraudulent in nature. A legitimate customer may object and say it's too much hassle, but consider the fact that in that case you may only lose the sale. Loss of both the merchandise and shipping cost will ensue if you ship to a fraudulent buyer.
You can verify the addresses and phone numbers that you presently have by using the 411 reverse phone lookup service. Request that the delivery company make the customers sign when your item is delivered. Get copies of these signatures for your own records. You may be instructed to leave the package on the customer's porch. Just know that you'll have to find a replacement if it's not there when he returns home.
Do what's best for yourself and treat your security precautions with deliberate consistency. Your employees need to be able to understand and use the same measurements. Putting these points to good use will help cut down on fraud. A vast number of criminal tend to avoid many sites that adhere to safety and security standards. Predators will leave and search for an easier online target.
Los Angeles based 1st National Credit Card Processing, established in 1994, is the leading BEST-for-LESS provider in the electronic merchant services card processing industry and the premier provider of Credit Card Terminals, POS/Point of Sale Systems, Check Readers, eCommerce Solutions, Internet Payment Processing, and ATM Machines.
With these resources, the Merchant Services Partners' Alliance can offer an array of superior products and services at competitive prices in a variety of industries.
Exercise caution in your International transactions. Problems have been reported across eastern Europe and in some Asian nations. Those areas are filled with people who are often suspected of fraudulent purchases. Be particularly cautious when there is a big order for a lot of expensive things.
Insist upon getting the CVV number. This number is located on the back of the card, on the signature line, following the 16 digit card number. By requiring that number, charge backs can be reduced by around 25%, according to credit card company estimates. Transactions will be denied by some credit card companies without it.
Look at orders for expensive items with overnight shipping with caution. That's particularly good if these things can easily be sold for cash out on the street. That can be said about extremely big orders, too.
Don't hesitate or be afraid to exercise extreme due diligence with suspicious orders. If you receive an order that seems a little weird to you, you should get the customers info including his name address and phone number. Satisfy yourself that the transaction is authentic.
Should you be suspicious about an order, request identification and copies of the data and the credit card. Make it a condition that the buyer fax you a copy of license and credit card. This will protect you from any purchases that are fraudulent in nature. A legitimate customer may object and say it's too much hassle, but consider the fact that in that case you may only lose the sale. Loss of both the merchandise and shipping cost will ensue if you ship to a fraudulent buyer.
You can verify the addresses and phone numbers that you presently have by using the 411 reverse phone lookup service. Request that the delivery company make the customers sign when your item is delivered. Get copies of these signatures for your own records. You may be instructed to leave the package on the customer's porch. Just know that you'll have to find a replacement if it's not there when he returns home.
Do what's best for yourself and treat your security precautions with deliberate consistency. Your employees need to be able to understand and use the same measurements. Putting these points to good use will help cut down on fraud. A vast number of criminal tend to avoid many sites that adhere to safety and security standards. Predators will leave and search for an easier online target.
Los Angeles based 1st National Credit Card Processing, established in 1994, is the leading BEST-for-LESS provider in the electronic merchant services card processing industry and the premier provider of Credit Card Terminals, POS/Point of Sale Systems, Check Readers, eCommerce Solutions, Internet Payment Processing, and ATM Machines.
With these resources, the Merchant Services Partners' Alliance can offer an array of superior products and services at competitive prices in a variety of industries.
0 comments:
Post a Comment