PROTECTING THE OFFSHORE CREDIT CARD FROM SCAMS
During the past days, when merchant
accounts system had just started, many
fraudulent cases took place in the
merchandise businesses.
OffshoreMerchants.Net is
one of the leading payment gateways
which have introduced the solution for
such deceptive measures to protect the
merchant accounts.
The scams mostly look for the weaker
payment gateways through which they use
the valid credit card numbers to misuse.
The merchant has to be very careful
while choosing the correct payment
gateway to receive payment and also to
make payments. These days, the merchant
account providers have come up with the
solution to protect the use of credit
card from scams and frauds. The scammers
guess and enter the numbers of the
credit card using the account number
which is printed on the card. These
numbers are guessed by them and they
also try thousands of numbers until they
are correct. The numbers may be right
while guessing among thousands. They use
the credit cards to make purchases from
many merchants and e-commerce websites
using the same number. The credit card
holder has to suffer losses and also the
merchants but the fraudsters and the
scammers will be enjoying others rights
and benefits. At the billing period,
when the customer or the merchants gets
the transaction statements, they end up
with long bills of thousands of dollar
value to their name against large
purchases which they have not made.
The fraudsters and the scammers are very
intelligent hackers in the real world.
They have all the knowledge of the
credit card processing and payment
systems. The OffshoreMerchants.Net protects the
credit card with multi-repeated security
codes which is difficult for the
scammers. The OffshoreMerchants.Net is able to
protect the merchant’s and customer’s
account using various new ideas and
techniques, in the recent times.
Scammers use the stealing process from
the websites which have shopping carts
and no payment gateway systems in
merchant account. The shopping carts
don’t have password protection which is
an advantage for the scams and frauds.
There are secured as well as unsecured
e-commerce sites which have price
differences according to the domain.
The customers and the merchants are not
aware of the theft until they get a huge
bill at the month’s end. Therefore it is
very much important to approach a secure
merchant account, safe payment gateways,
etc. before availing a merchant account.
The secure online payment gateways
identify faulty and suspicious credit
card information and deny the access.
They even deny access to the credit card
numbers which are repeatedly used for
making a particular transaction. A
certain limit on the use of the credit
card is fixed by the modern security
systems. The modern technique directly
rejects faulty transactions to take
place in the business.
The improvised systems of the modern
technology provide the merchant account
holders with a URL which is unique as
well as secured. The merchant can only
access the payment gateways so as to
make safe transactions. This is the most
reliable and convenient way to protect
the credit card systems. There are other
options where a merchant can change the
password that is provided by the bank.
Contact
one of our helpful account
representatives to assist you in the
setup of
a
high risk merchant account or
offshore merchant account for a
high risk merchant. |