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What are credit card authentication and its types?

Card authentication is distinct from card verification. Verification is merely adding a card as a payment method, while authentication is proving that you own the credit card. Before starting the authentication process, make sure that you have at least 2 USD left in...

Various methods for credit card fraud detection

Credit card fraud is on the increase as technology and the global superhighway flourish. The cost to both businesses and consumers from this type of fraud costs you billions of dollars every year. Fraudsters are frequently searching for new ways to commit their...
Setting Up Your Business for Success

Setting Up Your Business for Success

Starting a business is an exciting adventure. There are many components to think about such as name, branding, vision and mission statement, and your overall strategy to gain your ideal clients.  It’s important to have these components in place; however, knowing how...
Reasons for Failed Transactions

Reasons for Failed Transactions

It happens to all of us. A customer goes to pay for a transaction and then the POS system or online checkout shows the transaction declined.  As frustrating or embarrassing it can be to the customer it’s important to understand the different reasons why a...