Wednesday, January 16, 2019

Authorize.Net Credit Card Processing Services For Merchants

The Features Provided by Authorize.Net

Here are the features of Authorize.Net that are discussed in brief. For more details or any query get Merchant Stronghold executive to assist you.


Advanced Fraud Detection

Authorize.Net also offers IP address, regions or transaction from a specific location.
There are various filters and transaction filters that can be added to avoid frauds.

Secure Customer Data

By using Authorize.Net services, the customer can save their payment information and use them every time they make payments.
And, the data entered or stored by the customer remains safe from any exploitation.

Payment Types

If you are looking for expanded payment methods then you can choose authorize.net.
They offer EMV chip cards, digital payments, major credit cards, signature debit cards, e-checks and more.

Recurring Payments

Recurring Payments can give the sleepless night to a merchant as they have a high chargeback rate.
It also gives independence to the customer to make payments anytime without the hassle of entering the details again and again.

Account Updater

It updates monthly credit card transaction details.
This helps the merchant to avoid the interruption due to lost transaction details.

Invoicing

The customer gets the direct email of the recent purchase on their registered email address.
Also, it sends the email regarding any overdue payment to the customer as an alert.

The merchant should get Authorize.Net Credit Card Processing after looking at their plan very carefully. You can contact Authorize.Net to gather the information you seek.

Get Authorize.Net Credit Card Processing

Firstly, you need to register yourself as a merchant to Authorize.Net. After that, create a merchant account there as well. Here are the detailed steps that can help you get through the process:

Start by checking the pricing and plan offered by Authorize.Net by visiting the website.
After that, you need to check the requirements to get the services.
Click on the Apply Now button to get the service you need.
Enter the details related to your company including the geographical location information.
Once your verification is complete, you will be given the services you want.
Authorize.Net will send you an email regarding your application and its status.

You will also be provided a merchant account to manage and handle data associated with your business and get Authorize.Net Credit Card Processing.

Monday, January 14, 2019

Integrate Multiple Payment Gateways With Merchant Stronghold

We recommend you to read this blog to completely understand the need of having a multiple payment gateways website.


GLOBAL EXPANSION OF BUSINESS

Who doesn’t want to expand their business to the global market? Now, if you are a merchant with an e-commerce website then you have great opportunities right intron of you. You can start selling your products all over the globe using your website.

TARGET TOWARDS BETTER REVENUE

Once you have added multiple gateways to your business, you’ll see increased traffic on your website. This means you will get an increase in conversion rate, which could eventually lead to better revenue.

BACKUP AND FAIL-SAFE PAYMENT SYSTEM

Using the gateways to make a transaction in your business can help you create an elaborate database of the customers. Using this database, you can mark faithful and regular customers, and at the same time blacklist the cardholders with a number of scams.

You can use this information for a successful business that can also help you reduce the number of chargebacks. Furthermore, you can back up this data using the gateway services.

If you have another payment gateway then you can securely copy all this data to another gateway and have all the similar advantages.

ADVANCED SECURITY AND SUPPORT SERVICES

Along with all the great services, the Payment Gateways also offers security and support. This gives relief to not only the merchant but also the customer.

Many of the payment gateways use high-level security systems to track and stop any kind of fraud related to the payment. Furthermore, in case of any query, they offer multiple support facility to the user.

ARE THERE ANY DRAWBACKS OF HAVING MULTIPLE PAYMENT GATEWAYS?

Now that you know about the advantages of multiple Payment Gateways website, let’s also dig into the drawbacks. Everything has its pros and cons. So, Yes, having multiple payment gateways also have some disadvantages. They are:

Management of multiple payment gateways – Having multiple payment gateways means managing multiple vendors, contracts, and relationships that can cost both time and money.

High processing fees and costs – If you add more payment gateways then you have to pay the payment processing fees to each of the gateway providers.
Do not result as profitable as it may sound – Many merchants add multiple gateways but the net revenue and the cost of gateways do not always complement one another, which result in a loss.

We offer assistance to the High-Risk Merchants, Low-Risk Merchants, E-commerce Merchants, Offshore Merchant, Retail Merchants, and many more.

Wednesday, January 2, 2019

Online Credit Card Transactions Cross-Checking Authenticity

The issue of fraudulent online transactions, which has been increasing exponentially with e-Commerce growth, is a problem for merchants. Thus, online merchants need to be vigilant about detecting the use of stolen credit card details and misuse of the chargeback system. Monetary losses due to chargebacks alone can have serious consequences for merchants.


CAREFULLY OBSERVE BUYER BEHAVIOR

It’s not as easy to observe buyer behavior online as it is when purchases take place in-person; however, it can clear effectively. The first step is automatically taken when cardholder information is verified by a payment processor at the time an order is placed. Merchants need to take this a step further by scrutinizing orders for signs of suspicious activity during the fulfillment process.

Signs of suspicious activity include anything out of the ordinary. Such as unusual order sizes, the frequency of orders from the same buyer, different billing and shipping addresses, subsequent attempts to resubmit an order using different cardholder details after the decline, and multiple orders to the same delivery address using different credit cards. Sometimes a call given to the buyer is all that’s just to clear up any questions and confirm an order.

Cross-checking means it will take a little more time to process some orders. But, considering the consequences of a possible fraudulent transaction, it can be worthwhile.