Offshore High Risk Merchant Account for Improve Merchant Statistics

Posted by Merchant Stronghold on January 12th, 2018

Recommendations to Improve Merchant Statistics Below have listed recommendations that could help to reduce fraud level. Merchant must provide an action plan to reduce fraud levels by the payment gateway system. If the merchant doesn’t do anything to reduce fraud level Risk and Compliance department will close merchant traffic. To avoid penalties and disqualification, Merchant must review its business processes. Below are listed recommendations that could help to reduce fraud level.

 Here are some guidelines for preventing Internet, telephone or mail order fraud:

Request that cardholders provide the following information during the order taking process:

•     Cardholder Name, exactly how their name appears on their card.
•     Card Expiration Date, four-digit number MM/YY.
•     Home, business or other telephone numbers where the cardholder can be reached.

For each transaction, be sure to:

•         Verify the customer’s billing address, either electronically or by our address verification service (AVS).
•     Verify the cardholder name, full billing address, email address and phone number with the Issuer in real-time using.
•     Check your delivery service contract for who is responsible for merchandise not delivered.
•     Get a signature for each delivery and keep all delivery records.
•     If the sale is on a credit card, refund sales on the same card.

Best practices for e- commerce:

•     Clearly identify your company name on your Website, on each page if possible.
•     Offer a street or P.O. Box address (some people may not want to utilize e-mail) as contact information on your Website.
•     Offer a customer service telephone number.
•     Clearly identify all features of a product or service.

 
How protect customer information on my Website?

•     Protecting Customer Information
•     Truncate all credit card information.
•     Do not store any CID data in your records or on any type of sales data.

About the Author:

This article was written by Merchant Stronghold, a best High-risk Merchant Account & Payment Gateway Provider, It is specialized for credit card processing & offshore merchant account in a globe, Located in Clearwater FL USA.

Visit our services page to find out how we can help you today! 
You can Call Us at +1 888-622-6875 or Send us Email: info@merchantstronghold.com