There was a time when the banks took on all the liability of credit card fraud. They wanted everyone to use their credit cards, so they made it safe for both card holders and merchants to use them. But in 2015 in the US and 2017 in Canada, something shifted. Much of the liability was pushed from the banks on…
If you have never experienced credit card fraud or had a chargeback on your merchant account, you should consider yourself lucky. Credit card fraud is a huge and growing problem, especially in the US and Canada. Global losses to credit card fraud rose to $27.85 billion in 2018, up 16% from 2017. One-third of these losses happens in the US…
Protect your business from card-not-present credit card fraud.
Increase profits by preventing credit card fraud and identity theft.
Reduce chargebacks by verifying card-not-present transactions.
Verify cardholder identity and accept secure payments.
Take customer payments over the phone with ease and high security.
Keep the same credit card terminal, rates, bank account and deposit dates.
