Thursday, July 5, 2012

Eight Suggestions for Safely Processing Credit Cards as a Merchant

By Rick Sturms


A Los Angeles merchant credit card processing account is critically important to your business's success. In addition to being able to accept cash and checks for payment, it enables you accept debit and credit card 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.

When transacting internationally, exercise caution. Problems have been reported across eastern Europe and in some Asian nations. The major guilty parties tied to fraud live in this general area. Be especially wary of an order for a large quantity of high priced items.

Insist upon getting the CVV number. This particular number is situated on the back of the card, around the signature, which is followed by a unique 16 digit card number. It is estimated by card companies that 255 of charge backs can be avoided by simply demanding that number. Transactions will be denied by some credit card companies without it.

Look at orders for expensive items with overnight shipping with caution. If you can turn them into cash on the street this is particularly apt. This applies to very large orders as well.

When it come to Los Angeles merchant credit card processing, it is strongly recommended to exercise extreme caution when dealing with suspicious orders. When you receive an order that seems unusual or seems to have missing or incorrect information, you must recheck the customer's information. Be sure you're satisfied that you're dealing with an honest person.

Request and get copies of identification and the credit card being used if you get a suspicious order. Make it a condition that the buyer fax you a copy of license and credit card. That will keep you safe from purchasers who are scam artists. Customers may complain about the measures involved and try to back out, but it's important to keep trying. Loss of both the merchandise and shipping cost will ensue if you ship to a fraudulent buyer.

Use 411 reverse phone lookup to verify addresses and telephone numbers. Request that the delivery company make the customers sign when your item is delivered. You should maintain copies of these signatures with you, just in case you need them in the future. The person buying from you may say it's okay to leave the package that's delivered on their porch. Just know that you'll have to find a replacement if it's not there when he returns home.

Do what's best for yourself and treat your security precautions with deliberate consistency. Ensure your employees have a good understanding of these particular measures. Putting these points to good use will help cut down on fraud. A vast number of criminal tend to avoid many sites that adhere to safety and security standards. They'll pretty rapidly take themselves to a lot of other web sites where there is easier prey.

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 allow the Merchant Services Partners' Alliance to offer a vast variety of superior products and services at extremely competitive prices in all types of industries.




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