Monday 31 March 2014

Few Things e-Commerce Merchants Ought to Know about Visa Transactions



If you’re an e-commerce merchant, here are things you must know:
What are Authorized Visa transactions?
In case a card is misplaced and the account funds are available, a merchant should approve the transaction, but it will not be a proof to his true cardholder identity.
What are Chargebacks with transactions?


If a transaction obtains a fraud deal, the merchant is financially responsible for it even though it was endorsed by the cardholder.
Is An E-Commerce Merchant Eligible to Verify Transactions?
An ecommerce merchant can authenticate transactions with its verification and can stay secured from surplus chargebacks and provide customers a safer shopping setup.
How to safeguard Internet Transactions
To secure transactions from fraud deals, it’s important to enter correct electronic commerce indicators for internet transactions as it will give the issuer valid information about the deal. 
Conformation with information security program

Having a secured cardholder information security program in place will provide the merchant with a protection from the loss of sensitive data and achieve compliance while transactions.

No comments:

Post a Comment