merchant stronghold n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
How to improve merchant statistics PowerPoint Presentation
Download Presentation
How to improve merchant statistics

Loading in 2 Seconds...

play fullscreen
1 / 6

How to improve merchant statistics - PowerPoint PPT Presentation


  • 6 Views
  • Uploaded on

Recommendations to Improve Merchant Statistics Below are listed recommendations that could help to reduce fraud level. Merchant must provide an action plan to reduce fraud levels by the payment system. If the merchant doesn’t do anything to reduce fraud level Risk and Compliance department will close merchant traffic. To avoid penalties and disqualification, Merchant must review its business processes. Below are listed recommendations that could help to reduce fraud level.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'How to improve merchant statistics' - highriskbusiness


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
merchant stronghold

Merchant Stronghold

Hgih Risk Merchant Services Provider

recommendations to improve merchant statistics

RECOMMENDATIONS TO IMPROVE MERCHANT STATISTICS

Here are some guidelines for preventing Internet, telephone or mail order fraud: Request that cardholders provide the following information during the order taking process:

  • Cardholder Name, exactly how their name appears on their card.
  • Card Number
  • Card Expiration Date, four-digit number MM/YY.
  • CVV (Card Verification Value) and/or CID  (Card Identification Data) for some regions, the three-digit number located on the back of the card in the signature panel.
  • Card billing address along with the ship-to address (when necessary).
  • Home, business or other telephone number where the cardholder can be reached.
for each transaction be sure to

For each transaction, be sure to:

  • Request and validate the CVV (Card Verification Value) and/or CID (Card Identification Data) for some regions, the three-digit number located on the back of the card in the signature panel.
  • Verify the customer’s billing address, either electronically or by our address verification service (AVS).
  • Verify the cardholder name, full billing address, email address and phone number with the Issuer in real-time using.
  • Check your delivery service contract for who is responsible for merchandise not delivered.
  • Get a signature for each delivery and keep all delivery records.
do not key card information to force through

Do not key card information to force through a sale for which you have received any declined response to your authorization request.

  • If the sale is on a credit card, refund sales on the same card.
  • Include your common DBA and customer service number on the customer’s transaction receipt.
  • Clearly communicate any and all delivery charges, restocking or other fees.
  • Clearly explain any return policies and offer documentation of this policy with each sale.
  • When working on a chargeback, document efforts to satisfy the customer. Be sure to respond to all chargebacks.
  • Duplicate charges, or installment plans, unless otherwise stated, require an authorization for each sale.
best practices for e commerce

Best practices for e- commerce:

  • Clearly identify your company name on your Website, on each page if possible.
  • Include your common DBA and customer service number on the customer’s transaction receipt.
  • Offer a street or P.O. Box address (some people may not want to utilize e-mail) as contact information on your Website.
  • Offer a customer service telephone number.
  • Clearly identify all features of a product or service.
  • Clearly communicate any and all delivery charges, restocking or other fees.
  • Clearly identify your company’s return policy and shipping time frames and offer documentation of these policies with each sale.
  • Disclose the information security policies and processes your business has in place.
contact us

Contact us -

ADDRESS

US HQ10300 49th Street N Suite 427 Clearwater, Florida 33762UK HQ160 City Road Kemp HouseLondon EC1V 2NX  +1 (888) 622 - 6875  +1 (844) 465 - 4723 info@merchantstronghold.com

https://www.merchantstronghold.com/