Preventing Credit Card Chargebacks

Written by Business Success on . Posted in Credit card payment system, Merchant credit card processing, Merchant payment processing

Card not present transaction process

The internet has grown and continues to grow rapidly. People are spending hours and hours per day on the internet doing things such as social media, gaming and communicating with friends and family members. Many people are even turning to the internet to complete their shopping. Shopping is a huge part of internet usage. However, with the increase of online shopper, security and fraud has become a concern. When people shop over the internet, they are copying their credit card information into the online merchant?s website, allowing them to complete a transaction based on that information. This opens the door for hackers and scammers to attempt to steal this information. Fortunately, there are also ways that an online shopper is protected in this type of a situation.

Online shopping is