SSL
All websites that host electronic payments should use a SSL (secure socket layer) certificate. Typically 128 bit is the customary level of security used. Note:
All websites that host electronic payments should use a SSL (secure socket layer) certificate. Typically 128 bit is the customary level of security used. Note:
The action of physically sliding a credit card through a terminal or magnetic stripe reader that “reads” the magnetic strip on the back of all
TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. The problem with this is,
A trade reference is anyone that knows you and your business. Usually your first trade reference will be your bank for deposits. Other references can
What Does Code 06: Error Mean? Decline Code 06 means the authorization failed because the issuer, network, gateway, processor, or transaction message returned a general
A per item fee charged for each transaction for checks or credit cards. Online gateways will charge their own transaction fee, in addition to the
Travel and Entertainment often seen as the acronym T&E) Properly used, refers to American Express (AmEx) and Diners Club cards where a cardholder normally pays
In this situation, the processor will ask for a reserve upfront, usually based on a % of your applied for monthly volume, and they will
Visa chargeback reason code 10.1, also known as “EMV Liability Shift Counterfeit Fraud,” is used when a cardholder disputes a transaction due to counterfeit fraud.
Visa chargeback reason code 10.3, “Other Fraud – Card-Present Environment/Condition,” applies to situations where a cardholder disputes a transaction, claiming it was unauthorized or fraudulent,