Payment Processing Security

The huge trend in the e-commerce and m-commerce business invites a huge number of cybercriminals. A merchant needs to look after the best-secured payment gateway which gives the secured payment gateway and enclosed processing with high-security level.

Credit cards are the most commonly used method through which payment takes place. Hence the  chances of more usage lead to more scammers nad thieves which may steal the information and empty your  business

A few things the merchant needs to look after to secure his/her data.

1. PCI Compliance.
2. 3D Secure 
3. SSL

PCI Compliance

When you’re processing payments on your website, PCI (Payment Card Industry) is a must. The Payment Card Industry Data Security Standards (PCI DSS) provide direction for merchants that tell them what they need to do in order to secure sensitive data in payment processing.

A merchant doesn’t have to be PCI compliant if he/she selected the right payment provider (one with PCI level 1). He/she can leave it up to the payment gateway to comply with the industry level security excellence. Note that data encryption is needed by PCI.

2. 3D Secure 
3D Secure creates a secure password for the merchant’s credit card. Each and every transaction is then verified with a password, which adds an additional layer of the security.
This practice can really boost up your earning and defends again the fraudulent

3.SSL
Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data is secured. It, of course, improves payment security but also makes customers more eager for the purchase.
A padlock icon in the URL bar symbolizes the SSL, and the web address starts with https.

Merchant Stronghold 

We, at Merchant Stronghold, will help you secure your payment processing in order for you to provide the best payment security to your customers. We also provide high-risk merchant services, contact Merchant Stronghold to get answers to all your questions related to the security of payment processing. Feel free to contact us using our toll-free number +1 (888) 622 – 6875.

Alerts Your Business Gives, To Discard Merchant Services

Stay updated and it’s time to change the old merchant account service provider. Discard services cannot help you anymore. Merchant account holder suffers a lot once they got trapped in the hands of mischievous account provider.

Merchant at times needs to swallow the pain, and they are helpless.

Points To Look After

1.     Old Practice

Look at the services the provider is serving you. Merchant services providers should always be updated regarding the new updates in the market. The Debit and Credit card companies are always improving and bring changes likewise your business should also adapt and concur.

Without these updates, your company may suffer many losses in terms of customers, reputation, etc. A firm should properly update the payment options where they can serve their best services without any disappointing customers. Keep your firm updated on services and products.

2.     Uncertain Fees

Merchant usually gets a sudden shock after looking at his bank statement. Surprised fees are the most annoying things that the merchants have to face. This is the correct time a merchant should switch or leave the service provider. Common deductions are:

1. Account Application Fee

2. Account Setup Fee

3. PCI Compliance Fee

4. PCI Non-Compliance Fee

These are the services that the merchant is charged from the provider but unfortunately, these fees are not described on the very first day of the service. A merchant, therefore, is not left with any other option at this moment. So, keep your eyes wide and ears open before making the decision on your provider.

3. Interrupted Support

Once services are taken merchant asks for all time support round the clock. In a quick survey, some of the merchants have come forward sharing their disappointments with the current providers. Usually, they do not justify the services they give against the purchase of the service. 

Whereas at times it leads to the blockage of the terminal and angry customers on the merchant’s portal.

This is how a merchant gets stuck with the services if he gets entangled in the trap of fake service providers.

Merchant Stronghold: Service Station

Merchant Stronghold holds the services which are beneficial to the merchant. Serving the best services which suit amazingly best to the merchant’s business nature.  Be a part of our family and enjoy each and every moment with us. Call us anytime; we are on toes to help you. Call us at +1 (888) 622 – 6875 or visit our site at

Are you looking Secure Payment Processing for Online Businesses?

Nowadays, there are a lot of e-commerce and m-commerce transactions; opening doors for cybercriminals. As a merchant, you need to confirm that you provide the best payment security and that your customers don’t have to worry about their data. Customers usually cannot select their own payment gateway, so it’s up to you to make the best and perfect choice for them.

PCI COMPLIANCE

When you’re processing payments on your website, PCI (Payment Card Industry) is a must. The Payment Card Industry Data Security Standards (PCI DSS) provide direction for merchants that tell them what they need to do in order to secure sensitive data in payment processing.

A merchant doesn’t have to be PCI compliant if he/she selected the right payment provider (one with PCI level 1). He/she can leave it up to the payment gateway to comply with the industry level security excellence. Note that data encryption is needed by PCI.

SSL

Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data is secured. It, of course, improves payment security but also makes customers more eager to for the purchase.
A padlock icon in the URL bar symbolizes the SSL, and the web address starts with https.

ADDRESS VERIFICATION SERVICE

You can also use an Address Verification Service, which requires customers to give the billing address connected with their credit card. If the address on the card matches with the one in bank’s documents, the transaction will go through.

Many companies have a problem of controlling the location and storage of their payment data, but almost 42% of the companies claim that payment data is at serious risk when it is stored. A Global Study on the State of Payment Data Security shows that over 50% of organizations had a breach involving payment data within the past three years.

Merchant Stronghold will help you secure your payment processing in order for you to provide the best payment security to your customers. We also provide high-risk merchant services, contact Merchant Stronghold to get answers to all your questions related to the security of payment processing.

Customer Thoughts For Redirect Payment Gateway

Redirect Payment Gateway – One of the common mistakes made by the merchants is that they do not give much attention to the Payment Gateway redirection. A payment gateway is a point where conversion takes place. If not done right, you can lose customer and revenue, both.

It is advised to every e-commerce merchant to choose a redirect payment gateway, carefully. This blog contains all the details required for a merchant related to “Redirect Payment Gateway”. Furthermore, you can get to an expert of that matter at Merchant Stronghold and get the required assistance.

Customer’s Thoughts For Redirect Payment Gateway

Many merchants choose Redirect Payment Gateway, especially the small e-commerce business. However, this can sometimes harm the business if not handled carefully.

E-commerce business should pay special attention to their customer’s experience. And “what does your customer think about the Redirect Payment Gateway?” should also matter. In order to improve your services, you need to know about your customer’s thoughts. Here are some examples:

When the customer is redirected for the payment, the first thing they notice is a change in URL. Along with that, the logo and the name of the brand are also going to change.

These changes can confuse the users sometimes and might speculate and leave the website.

If there are too many clicks involved while making the payment, then also the customer might start reconsidering the purchase.

Other than that, if a customer finds the redirected website not trustworthy then too he may leave.

There are many such issues that can affect the conversion of E-Commerce customers. If you are also bothered due to such problems in your online business then you can get assistance from Merchant Stronghold.

For more information directly contact us @ +1 (888) 622-6875.

How To Manage Online Payments Risk?

Management of Risk:

A merchant needs to have a quantitative approach to risk management to identify and manage it in online payment processing :

A merchant needs to identify the most critical risks by tying them to business processes.

Quantify the severity of the identified risk, if they occur

Measure the size of the risk and evaluate the likelihood of it, if it is to occur again.

Detailed Risk Management At A More Granular Level:

Understand The Risks And Train The Staff – The staff should know what risks your business may have to deal with and plan for it beforehand. Everyone in the business structure needs to understand the types of risks inherent in online payments. Establish the procedures on avoiding and solving the risks.

Ensure Information Security – Information here includes customer databases, buying requests, payment process. etc. It should be made sure that Information is not leaked nor hacked into. Set up a secure and efficient process for submitting authorization requests over the Internet. Before you can start accepting payments online.

Use Collective Efforts To Minimize Losses – You have control over most types of chargebacks and especially the ones resulting from processing errors. A well-designed collection system can help recover unwarranted chargeback losses.

Display Effective Policies And Rules – Your website must list your privacy, shipping, return and refund policies on each page. Customers should not be forced to search for them. This will also create satisfaction and convenience for customers to come to the website even more.

Risk Evaluation – Fraud and any type of risk when occurs should be evaluated in first priority, by this approach the business has a guarantee of getting a sound data and planned structure to put up for future risks.

Finally, Risk Management is focused on the analysis and reduction of risk in various types of activities. To know more- You can contact us using the toll-free number +1 (888) 622 – 6875. 

Accept Credit Card Processing for Adult Business

During the last numerous years, escort services have become one of the quickest growing industries. Having the abilities of credit card processing to your escort commercial enterprise will offer the first-class comfort for your customers. By allowing credit card payments, you can grow sales. Merchant Stronghold offers escort merchant accounts which are specially designed for online, in-app. Get in touch with Merchant Stronghold to manage your escort merchant account today.

Your escort business is commonly included with the frightening task of looking to be authorized and set up with an escort merchant account. Escort merchants need to pursue a financial institution that works ordinarily with escort companies and understands the extended high risk that comes with the industry.

Adult business merchant accounts are available for domestic and offshore banks allowing adult businesses everywhere inside the world international to be authorized and set up with an account. The banks we are capable of use from our banking network substantially greatly depend on the location of the organization. If the merchant is in the United States. We’re capable of to submit your account to a number of different banks. Merchants based totally outside of the United States may be submitted to different offshore banks one at a time depending on charges and approvals. We start with the lowest rate banks and observe to greater banks if required.

Credit Card Payment Solutions:

Offshore
Domestic
E-commerce
Retail

If, you're looking High-Risk Merchant Account for your Adult Business. We can help you to the best merchant services provider. Reach our website - www.merchantstronghold.com
Also, Contact our experts team @ +1 (888) 622-6875.

What is Free Credit Card Processing?

“Free Credit Card Processing” or “Zero-Processing Fees” or No Processing Fees” deals in the method where your customer will pay the fees instead of you as a Merchant for the services availed.

This service is called surcharging credit card where the merchant can pass the fees for processing the card to their customers. And, this plan is sold to merchants in the same of free or no-cost card processing.

So, the charges that seem like “free credit card processing” or “zero processing fees” are actually paid by the customers instead of merchants. In this article, we will discuss such arrangements that revolve around credit card processing.

Does Zero Credit Card Processing Actually Cost Nothing?

As we have discussed, in the case of zero credit card processing the customer has to pay most of the charges.

However, it is not like the merchant is not paying anything entirely. Because there are still other charges to be paid by the merchant such as :

• PCI Compliance
• Monthly Fees
• And many more.

Generally, these plans are designed in such a manner that the processing fees are reduced to “zero” or “no-cost”. However, all the other charges are increased by a bit.

And when a customer is introduced to these prices, it seems like that the processing fees are reduced to zero.

What Does It Cost To Your Customers?

The charges are generally set to 4% or less for the customer as the surcharge of no-cost credit card processing of merchant.

Also, customers are generally charged dynamically and the range is between 3.45% to 3.65%.

However, this is not any kind of hidden charge and your customer will see the surcharge in the receipt on their purchased goods and services. And in such situation, a customer can feel like being charged more than he/she should.

No customer wants to pay extra for any goods and services and if this is the case with you then you can lose customers.

Merchant Stronghold, provide you with an expert who will customize the perfect deal for you depending on the industry your business is in. Contact us at the toll-free number +1 (888) 622 – 6875 and get the required services that you are looking for as a merchant. We also offer assistance regarding high-risk payment gateway and merchant account services.