Articles, tagged with "chargebacks", page 2
30th July 2009
Payment processing is vitally important for the success of your internet businesses. You may have the perfect business operation but it means nothing if your customers cannot buy your products quickly and easily. Unfortunately, many businesses do not de...
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Author:
marchantaccount
14th June 2009
Until recently, Internet based card transactions have been classified as 'card-not-present' and 'no signature present' so it has been virtually impossible to prove that the actual cardholder is the person performing the payment transaction at an Internet ...
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Author:
Rivington
23rd April 2009
Have you seen a vendor making a print in a handheld machine after taking a customer's credit card using a purple carbon paper and dragging a bar over the machine? The handheld machine is called an imprinter.
It makes a quick copy of the credit card inf...
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Author:
Ramsi
09th January 2009
A chargeback occurs when a cardholder disputes a merchant's charge against their account. Although they're relatively uncommon, chargebacks are an inevitable and potentially expensive part of credit card processing. Taking precautions to prevent chargebac...
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Author:
Ben Dwyer
08th September 2008
The process of underwriting of card processing accounts (also known as merchant accounts) is done by processing banks that are members of the Credit Card Associations of Visa and MasterCard. The underwriting process consists of evaluating the risks, assoc...
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Author:
M. Owen
08th September 2008
Merchants operating in certain industries are prohibited from establishing merchant accounts for accepting credit card payments in the U.S. The decision on who exactly is to be included in this "black list" is made by the Credit Card Networks of Visa and ...
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Author:
M. Owen
24th July 2008
As an accomplished internet marketer I often am asked the question what is the best way to earn money online. I always suggest starting a digital software business along with whatever else you do online and there is a few good reasons why.
The first re...
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Author:
youngmoney
19th June 2008
Online fraud is becoming a major threat for the growing eCommerce industry, not only in US but also globally. As eCommerce is growing, managing online sales is becoming a big challenge for online retailers. According to Cyber Source Corporation's report, ...
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Author:
Stephen Jhonson
02nd April 2008
If you are planning on starting your very own online product selling business and then adding your product to sell via affiliate network, you must have knowledge of the different tools and software needed in order to ensure success. These tools will help ...
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Author:
Egidijus Andreika
24th January 2008
As suggested by the name, Internet merchant accounts enable a merchant to process credit/debit card and other electronic payment options through the internet. The primary criterion obviously requires the businessman to get merchant services from a bank or...
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Author:
Steve Depraida
18th September 2007
In order to obtain as much business as possible with the lowest possible overhead, US banks use multiple sales channels. Some banks have inside sales forces that offer merchant services. In addition, banks sponsor the registration of Independent Sales O...
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Author:
Chris
07th August 2007
The term "high risk" simply means the acquiring banks believe there is a higher risk of financial loss when underwriting particular businesses. With increasing incidents of fraud on acquiring banks are becoming more risk adverse. Historically, high risk...
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Author:
Chris
08th June 2007
To acquire a merchant account, you will have to submit a merchant account application and read and accept the Merchant agreement. This is a legally binding contract; hence, the terms and conditions of the merchant account provider must be clearly understo...
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Author:
Jack Chevalier
17th May 2007
As the online retail industry continues to grow from strength to strength, more and more consumers are starting to purchase a wider range of goods and services online. Nevertheless, the risk of card fraud when paying for goods and services online is still...
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Author:
Adam Singleton
15th May 2007
Yes! It's now possible to carry out safe and cost-effective credit card processing using a telephone! Telephone Credit Card Processing Services are best suited to home based businesses or businesses that are just starting out and do not have high sale vol...
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Author:
Jack Chevalier