Published by on Jul 2nd, 2009 in E-Commerce with No Comments
Until recently, Internet based card transactions have been classified as ‘card-not-present’ and ‘no signature present’ so it has been virtually impossible to prove that the actual cardholder is the person performing the payment transaction at an Internet merchant site.
The result? 78% of all e-commerce chargebacks are from ‘unauthorised transaction’ reason codes commonly referred to [...]
Tags: Acquirers,Card Associations,Cardholder,Cardholders,Chargebacks,Control Server,Directory Server,Internet Merchant,Internet Merchants,Internet Transactions,Liability Shift,Merchant Name,Payment Transaction,Price Reductions,Secret Phrase,Secure Services,Secure Transactions,Security Certificate,True Identity,Vbv
Published by on Jul 1st, 2009 in E-Commerce with 1 Comment
Tall claims are rarely met, as is evident from several service providers who are engaged in shopping cart development. Their claims are big but their actual ecommerce solutions are meant to lure customers with hard-to-resist schemes. A low priced ecommerce solution is of now used, particularly if it struggles at sluggish pace to cover even [...]
Tags: Backdrop,Credit Card Entries,Credit Card Frauds,E Checks,Ecommerce Solution,Ecommerce Solutions,Ecommerce Website,Fraudulent Acts,Free Live Chat,Functionalities,Global Visibility,Google,Online Shopper,Organism,Payment Gateways,Security Certificate,Seriousness,Shopping Cart Development,Sluggish Pace,World Identity