Online credit card processing allows merchants to accept funds over the Internet for products and services. In order to do this, the merchant must set up something called a Payment Gateway. This new payment gateway accepts funds through credit cards, debit/check cards, bank wire and e-checks. More and more online business owners are starting to use secure payment processing products to sell their items in order to cut back on fraud and to expand their customer base.
There are a plethora of options on the Internet that will allow merchants to [...]
3D Secure is one of the most advanced authentication process used by all major credit card companies to safeguard financial transactions. Simply, it is just another security layer in credit card transaction process.
The main advantage of this extra 3D security layer lies in its ability to verify data from user’s bank and credit issuing bank. First initiated by Visa under Verified by Visa logo, nowadays users can be sure that they are accessing 3D Secure network wherever they see MasterCard Secure Code or Verified by Visa logos, among others.
The [...]
3D Secure is a new technology created by several different credit card companies to help secure what is called CNP (Cardholder Not Present) transactions online. The system actually goes by different names depending on what credit card you are using. You yourself may recognize it by some of its other names including “Verified,” “J-Secure” and “Secure Code.”
Using a new secure formatting called a “trust chain” throughout the transaction, 3D Secure helps shift the liability of fraud from the merchant directly to the card issuer; under a certain range of conditions [...]
Online security and safety are essential to building a business and maintaining lasting relationships with customers. That is why a secure, efficient payment gateway is so important to any online business.
A payment gateway secures credit card and other personal customer information using SSL, or Secure Socket Lock, technology ensuring a secure online experience.
Breakdown of How a Payment Gateway Works:
A customer places their order and then the transaction is forwarded to the payment gateway. This payment gateway is owned and maintained by the company receiving the order.
Once the payment gateway has [...]
