Get The Upper Hand In A Card-Not-Present Environment!
Any purchase that is carried out when the buyer and seller are not present in the same place is considered as a card not present transaction. The four most popular examples of a card not present transaction are those that are carried out via mobile, telephone, electronic or mail orders. Since the merchant is not able to see the credit or debit card being used by the customer, the merchant requires a secure terminal, which can be used to authenticate the credit card and prevent fraud. This is where the ‘card not present’ merchant account offered by RevCard Processing Solutions comes in. At RevCard, we offer our clients with premium quality merchant account services by providing businesses with the most efficient card not present merchant account providers in town.
The Card Not Present Transaction Process
When a card not present purchase occurs, the information of the credit or debit card is sent to the merchant in one of three ways: via phone, mail or online. The purchases that are done via the internet sends the customer’s billing information to the merchant’s payment gateway so that it can be processed. When these transactions are carried out via phone or mail orders, the customer needs to provide the merchant with their credit card information either by mail or orally for their information to be entered in the gateway for processing. All three instances require the same customer information which is delivered through three different channels. Normally, card not present transactions require the following information:
Security is Not an Issue with RevCard Processing Solutions
For businesses, being able to process card-present transactions is a pretty straightforward process. On the other hand, things get a bit complicated when the transactions are carried out online or via phone, mail or fax. This situation is called card-not-present, and causes a major point of concern for merchants. Luckily, RevCard Processing Solutions offers card not present merchant accounts that come complete with fraud prevention tools.
The card not present merchant accounts are offered with fraud detection and prevention features that helps validate and authenticate credit cards before carrying out a transaction. This means that businesses don’t just get to increase their sales but also protect their business at the same time. Despite needing to face the challenges of fraud, being able to process card not present transactions is an important function for any growing business. RevCard Processing Solutions makes it easier for businesses to shop online in the comfort of their home and carry out transactions that are safe and secure without any hassle.