BluePay is pleased to bring you this valuable information from our partner, Due, makers of a free digital wallet that allows users to easily make and accept payments online. Not all businesses were created equal when it comes to the risk they incur from the industries they serve. Many credit card processing companies will not work with these high-risk industries due to this very risk that fraudulent activity will be higher because they are not operating within traditional products or services. However, like businesses in traditional industries, there can be strategies implemented that help reduce the risk of fraud and even prevent it from being an issue.
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Due.com Partner Posts,
Guest Blog Posts,
PCI Compliance and Fraud Prevention,
Small Business Tips,
Enterprise Business Tips,
Getting Started with Payments
Biometrics is a special type of technology that uses metrics (i.e. measurements) that are directly linked to human biology (i.e. physical characteristics). Because no two people have the exact same genetic makeup, it's possible to use biometrics for identity confirmation or surveillance.
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PCI Compliance and Fraud Prevention
In most parts of the world, EMV credit card processing has already become the standard in retail stores and restaurants. These more secure cards come with chip-enabled fraud protection to help keep sensitive financial data from prying eyes. In order to authorize a transaction, chip-enabled cards must be physically present at the point of sale. And instead of simply signing their name, customers must manually enter in a personal identification number (PIN) to complete a purchase.
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EMV,
Payment Technology,
PCI Compliance and Fraud Prevention
Credit card fraud can take many different forms, and in order to protect your business and your customers, you should be able to recognize the types of fraud. Sensitive credit card information can be compromised even if your credit card is not physically stolen from your wallet. Read on for more details on credit card fraud, including phishing scams, counterfeit cards and identity theft.
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PCI Compliance and Fraud Prevention