Comments on: Payment Processing for eCommerce Merchants

By: Chargeback and Loss Recovery

Chargeback and Loss Recovery — Mon, 29 Dec 2008 15:46:28 +0000

[...] order to minimize losses, eCommerce merchants need an adequate chargeback tracking system, procedures in place to avoid unnecessary chargebacks, [...]

By: Protecting Cardholder Data

Protecting Cardholder Data — Fri, 26 Dec 2008 15:33:11 +0000

[...] ECommerce merchants should work with their acquiring banks and merchant services providers to understand their information security role and what is required of them and their service providers in regard to compliance with PCI Data Security Standard. [...]

By: Payment Card Acceptance

Payment Card Acceptance — Sat, 20 Dec 2008 19:57:10 +0000

[...] routing sequence. ECommerce merchants should implement a fraud-focused authorization routing sequence when a customer initiate a [...]

By: ECommerce Fraud Screening

ECommerce Fraud Screening — Tue, 02 Dec 2008 17:40:59 +0000

[...] are a variety of fraud-screening products available to eCommerce merchants today to help them assess the risk associated with online transactions and assist them in their [...]

By: ECommerce Fraud Prvention

ECommerce Fraud Prvention — Sat, 22 Nov 2008 17:32:15 +0000

[...] ECommerce merchants should build an internal negative file as part of their internal fraud prevention structure. When building an internal negative file, merchants should implement procedures to ensure that only details from fraudulent transactions are included. Information related to customer disputes and chargebacks should not be included in the file. The following best practices should be considered when building an internal negative file: [...]

By: Minimizing ECommerce Risk

Minimizing ECommerce Risk — Tue, 11 Nov 2008 15:45:44 +0000

[...] ECommerce merchants need to develop controls to avoid processing duplicate transactions. Duplicate orders cause merchants to incur higher processing costs and and are also a source of customer dissatisfaction. Merchants should establish controls to prevent cardholders from submitting a transaction more than once. Implementing this best practice will help merchants minimize customer disputes and the resulting chargebacks. Concrete measures that can be taken include: [...]