Business Plan Video
  • Home
  • Management

Business Plan Video

For the Modern Business Man

Menu

Confused By Card Not Present Transactions? You Don’t Have To Be!

June 26, 2015 by Business Plan Video

Payment processing solution

E-commerce merchants these days have plenty of responsibilities and things to worry about — small businesses, in particular, may feel like they’re being left behind when it comes to things like secure payment processing solutions and card not present fraud prevention. There are plenty of great processing payment services that provide dependable protection for consumers, but merchants may find themselves struggling to pick out the best service simply because they don’t know what to look for and what to expect from a card not present payment gateway service.

So, with that in mind, here are a few basic — but important — things you need to know about payment processing solutions and card not present transactions in the world of e-commerce:

  • Anyone running an online business (also referred to as “e-commerce”) has to have a secure payment processing system in order to make transactions; because consumers will make purchases online and will enter their credit card information digitally, this type of transaction is known as a “card not present” transaction.

  • Most payment processing system are equipped to handle major credit card providers, and many systems also come with a fair amount of digital security, but it’s important to remember that you should look for payment processing systems that fit the needs of your business and your customers — so if you find that more potential consumers are interested in things like internet coupons and gift cards, your business will likely benefit in the long run if you splurge a little bit on a system with extra features.

  • And as far as security goes, you really can never be too careful when it comes to using fraud prevention processing systems. Online stores typically have more difficulty detecting fraudulent charges before they take place, so it’s important that businesses have a process for identifying risky charges.

Ultimately, online shopping (especially mobile shopping) is likely to grow in popularity — and even though it might not seem fair, it’s up to the businesses to protect their consumers as much as possible. So, is your business ready for the challenge?

Posted in: Card not present fraud prevention, Ecommerce merchant account, Secure payment processing

Recent Posts

  • How Dodge Is the Best Choice for You and Your Family
  • A Guide to Getting Healthy for Beginners – Healthy Huntington
  • How Insuring a Business Works – Insurance Business News
  • The Benefits Of Acquiring Cloud Consulting – Computer World Magazine
  • What to Do Before Moving and Packing – Family Issues Online
  • Choosing the Best AC Repair – Cyprus Home Stager
  • An Office Seating Tier List – Akron Manufacturing News
  • Mouth Reconstruction After an Accident What You Should Know – The Dentist Review
  • 6 Best Restaurants in EaDo Houston – Find Houston Tours
  • Hobbies That Keep You in Shape – Health and Fitness Tips

Archives

March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    
Logo

Copyright © 2023 Business Plan Video.

Magazine WordPress Theme by themehall.com

RSS
Follow by Email
Facebook
fb-share-icon
Twitter
Tweet