Wednesday, June 27, 2012

Account Safety for the Processing of Merchant Credit Cards Include the Following 8 Tips

By Rick Sturms


For your business's success a Los Angeles merchant credit card processing account is critically important. Credit card and debit card payments are accepted in addition to cash and check payments. But, although there are lots of advantages to taking credit cards, you will also find that there are some drawbacks. A few things that you need to consider in order to avoid fraud and charge backs follow.

Be careful when dealing with international buyers and sellers. The regions where i have had problems are some Asian countries, East Europe and some developed nations. Most of those who are involved in scam purchases can be found in such areas. Be especially wary of an order for a large quantity of high priced items.

Make sure to get the exact CVV number. The security code is located on the signature line on the back of the card, immediately following the 16 digit card number. Card companies estimate that somewhere around 25% of charge backs can be avoided by demanding that number. Transactions will be denied by some credit card companies without it.

Be especially suspicious if an order comes in for a very pricey item and requests that there be over night shipping. This is especially appropriate if the items can be easily converted to cash on the street. That can be said about extremely big orders, too.

When it come to Los Angeles merchant credit card processing, don't hesitate or be afraid to exercise extreme due diligence with suspicious orders. If you receive an order that seems a little weird to you, you should get the customers info including his name address and phone number. Be sure you're satisfied that you're dealing with an honest person.

Ask for and get copies of identification and details of the credit being used if you receive a suspicious order. Demand fax copies of the purchaser's licenses and credit cards. This offers a degree of protection from fraud. A legitimate customer may object and say it's too much hassle, but consider the fact that in that case you may only lose the sale. However if you shipped to a fraudulent buyer you would lose the merchandise and the cost of shipping to him.

You can verify the addresses and phone numbers that you presently have by using the 411 reverse phone lookup service. Make sure that whoever delivers it will get a signed slip when they bring your item to those who've bought it. Keep copies of the signatures in your own files. Your buyer may tell you to have the delivered package left on the porch. Just be aware that you'll have to replace it if he can't find it when he gets home.

Be up front, firm and consistent with your safety and security measures. Ensure your employees have a good understanding of these particular measures. Following the above suggestions will lessen or perhaps eliminate the number of purchasers who will try to scam you. A vast number of criminal tend to avoid many sites that adhere to safety and security standards. Predators will leave and search for an easier online target.

1st National Credit Card Processing, located in Los Angeles, and started in 1994, gives the most services at the lowest price in the card processing and merchant services field and it is the best supplier of terminals for credit cards, Point of Sale Systems (POS), devices for reading checks, support for ecommerce, processing of payments online, and automated teller machines.

These resources earmark the Merchant Services Partners' Connection to engage a vast difference of products and services at extremely competitive prices in all types of industries.




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