CREDIT CARD PAYMENT - Accepting Credit Card Payments. Today we enter the world of rapid development of electronic commerce. You could order anything and everything with a single click. The evolution of the Internet has brought e-commerce and online payments by credit card. It has become impossible to run an online business without accepting payment by credit card. However, each employer must also ensure that the valuable information given by the buyer in the network are transferred safely to your site. It is important to know two important aspects related to security of accepting credit cards. They AVS Address Verification Service = VVC = Service and card verification.
When you accept payment by credit card that will go on the AVS in which the buyer's address will be sent for verification. The processor will verify and match the address provided by the customer with the cardholder. This is to ensure that the presenter of the card is its rightful owner. However, remarkable to the point that even if there is any difference in the direction of the card will be accepted for processing and will not be rejected. So its for the seller to decide whether he would go ahead and accept the card, despite the inadequacy or request any additional information for further verification.
CVV is a more strict control fraud. This is a 3 digit number found on the back of the card is not found in any other statement. You will not find the CVV number on the receipt or monthly statements, etc. So only the cardholder will know this number. When you accept credit card payments to ask for the CVV number, which is a kind of verification process that the buyer is in possession of the card. When applying for this number CVV fraud can be eliminated further.
If you are doing business online then you can request data from credit card payments. In these cases, the information provided by customers are transferred several times and so bad every time your chances of being transferred there. As a dealer in your online business with its duty to protect information provided by buyers. To secure the information we can get the SSL certificate and use the encryption method to ensure all the valuable information given by customers. All these features should be checked by you with the processing company before they start accepting credit card payments.
Not only during the transfer of these data, but after this information has to be stored and kept away from unwanted people. It may even be bad for their own staff and employees. Even at that stage all kinds of security measures to be taken to ensure the safety of their customers. Only a secure payment process will help you gain the trust of your buyer.
CREDIT CARD PAYMENT - Accepting Credit Card Payments
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