Tag: fraud prevention

credit card fraud

New Credit Card Fraud Rules

New Credit Card Fraud Rules and How it Affects You In October, new rules will shift the financial liability for fraudulent credit card transactions from the banks to the merchants unless merchants use the new EMV chip card readers for “card present” transactions. We wanted to shed some light on how this affects our clients.…
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Authorize.net declined transactions put funds on hold

Online merchants could have frustrated customers when Internet gateways authorize declined transactions. Internet gateways perform use something called “address verification service”. If it fails, patrons receive a message saying the transaction was declined.