Protect Your Business From Stolen Credit Cards.

I receive many different questions from my customers. One item I am seeing on the raise is the use of stolen credit cards.

Retail Merchant: when your customer presents a credit card, ask for an ID to verify it is their credit card. This will ensure it is not a stolen credit card. If the person owning the card has not yet reported it stolen, the (stolen) card could be used for several hours or even days. Also it is a good idea to have the terminal to prompt for the last four digits of the card after you have swiped the card thru the terminal. This is an additional fraud protection for your business.

Websites taking payments via a shopping cart: always have the gateway set for zip code match, also known as address verification (AVS) and always require the card code*.

Locating *Card Code:
Discover, Master Card & Visa have three numbers on the back.
American Express has a four-digit number on the front.

As a merchant, it is your responsibility to protect yourself against stolen credit cards. These tips will avoid the risk of a charge back.

As always, anyway I can help you or your business, please contact me: As always, if I can help you or your business, please contact me at ray@tampabaymerchantservices.com.

Welcome

I would like to welcome you to my blog about merchant services. I know there is much confusion on this subject, misinformation and in some cases down right abuses to business owners. I have witness this first hand. I hope I can help you as a business owner in this area. If you have any questions or need advice about your situation, let me know and I will be glad to assist. You can do so by posting a comment on this blog or if you want to do so in confidence, please email at ray@tampabaymerchantservices.com

Also check out

http://www.tampabaymerchantservice.com

Again thanks for visiting, Ray.