Fraud Prevention and Detection
In today's information age, there is an overabundance of information. This information has allowed the advance of technology and accessibility to global economies like never before. Unfortunately these advances in technology have made deception and fraud more prevalent on the Internet. Companies no longer in brick-and-mortar, but doing business online are susceptible to credit card fraud and other e-misdealings. New companies must look for every opportunity to make their e-storefronts customer friendly while maintaining security.
When your business makes the jump to e-commerce, make sure your web site is both attractive and functional. This is only the first step, though. Next, you need to set up your online store. If you're going to setup a business, you'll need a decent shopping cart so you won't have to take orders over the phone. Your shopping cart allows you to securely take and process credit card orders while maintaining an easily manageable inventory.
This is where a credit card merchant account comes into play. A credit card merchant partner does all the tough leg work to get your business up and running how you want it to run. A merchant partner will help you get a shopping cart suited for your business' needs and sets your business up with all the major credit card companies. Once you're set up with your merchant account, you can start making money.
Merchant Partners do more than just set your business up for commerce, though. They allow you to safely and securely conduct your business online by creating a fraud prevention and detection barrier. Merchant Partners has an advanced level of security that will keep both you and your customers safe from fraud and hackers. Merchant Partners' Fraud and Risk management (FRISK™) system gives you the peace of mind you need to conduct your business in today's dynamic marketplace. FRISK™ has features that allow your business to work seamlessly if you're running brick-and-mortar, e-business, or any combination between.
FRISK™ allows you to:
- Negative Account Blocking by credit card number, name, country, and domain name
- Cramming Protection
- Prevention of Duplicate Transactions
- Address Verification
- Card Verification Value 2 (CVV2)
These important tools keep you and your customers safe from fraud and inaccuracies in the payment process. Sleep easier and get your business on the right track, get Merchant Partners' FRISK program working for you and your customers today.
Adam Hook is a Client Account specialist for Innuity – Small is the New Big™. For more information on Fraud Prevention and Detection, visit MerchantPartners.com.
