Card-Not-Present

How To Take Secure Credit Card Payments By Phone

How To Take Secure Credit Card Payments By Phone

In today’s new pandemic reality, taking orders over the phone can help save your business. It is a way to keep doing business, while staying safe by practising physical distancing. Credit cards have already become the preferred method of payment. In 2017, the Federal Reserve reported that US consumers used their credit cards 123.5 billion times, and Canadians spend over…

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Card-Not-Present Chargeback Rules

Card-Not-Present Chargeback Rules

Since the introduction of the credit card chip (EMV), fraudsters have turned their attention to card-not-present fraud, which has seen a dramatic increase. One study by Juniper Research found that retailers are in for $130 billion in losses from 2018-2023. In the US alone, merchant losses from card-not-present fraud is about $5 billion a year, and total losses to credit…

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