The Merchant Account Show should help you with your merchant account and electronic payment gateways. Also
hopefully it will help explain some fraud attempts and how to notice fraud
on your orders. Remember, the net powers us!
Ask any business owner what they fear most about accepting credit cards, and they'll likely say fraud. While this concern may never be eliminated, Visa USA offers the following tips to help merchants avoid chargebacks, save money and reduce losses.
It all begins when a Cardholder, your customer, presents their credit card to you to pay for the goods or services you are selling. In a retail or
"card present" environment, the customer hands you their credit card. In an e-Commerce environment or
"card-not-present" environment, the customer presents their credit card to you on the secure checkout page of your online shopping cart.
MasterCard International has introduced new card design format options and modified several card security features.
There are 3 ways for online merchants to connect to their payment gateway.