The ever-evolving world of online shopping and e-commerce is frequently improving ways in which merchants can conveniently accept online payments. But as the industry becomes more technologically advanced, allowing for fast and easy transactions, online fraudsters are finding new ways to slip through the digital cracks and obtain sensitive customer data. One method to be particularly aware of is Credit Card Validation Testing.
Accepting credit cards is important for any business - but protecting your business to avoid credit card fraud is just as important. With credit card fraud on the rise, it is crucial for you to know and understand how you can prevent fraudulent charges occurring at your business.
The Nilson Report estimates that in 2016, losses topped $24.71 billion, which is a 12% increase over the previous year, and according to a Barclays report, 47% of the world's credit card fraud happens right here in the United States.
The holiday season is a busy time for fraud. Christmas Eve is December 24th and is the day where most fraud attempts occur.
Credit card fraud is a big deal. It's damaging to both the consumer and the business.
As reported by a Kaspersky Lab survey, small businesses spend $38,000 to recover from a security breach, with additional indirect costs averaging around $8,000. Enterprise businesses pay on average $551,000 to recover with additional indirect costs averaging at $69,000.
As credit card fraud becomes increasingly more relevant, there are ways to protect your business against credit card fraud.
International Bancard put together 6 easy ways that your business can avoid credit card fraud.
As we make our way into 2018, new top trends in the payment acceptance industry are beginning to surface.
It's important for business owners to stay on top of these payment trends in order to accept payments the best way possible.
Here are International Bancard's top payment acceptance trends of 2018:
With so many payment methods available, it may seem overwhelming to decide which payment methods are best for your business.
Deciding on which payments to accept at your business can be difficult, but deciding HOW your business should accept credit cards can be overwhelming. With so many payment acceptance options out there, it's hard for a business to navigate the products and actually begin processing payments. What you think may be the best way to accept credit cards, may not be the most beneficial to your business.
International Bancard is going to make it easy for you. Let's walk through the different ways to accept credit cards and find the solution that will help your business.
Accepting credit cards is important for any business - but protecting your business to avoid credit card fraud is just as important. With credit card fraud on the rise, it is crucial for you to know and understand how you can prevent fraudulent charges occurring at your business.
The Nilson Report estimates that in 2016, losses topped $24.71 billion, which is a 12% increase over the previous year, and according to a Barclays report, 47% of the world's credit card fraud happens right here in the United States.
Credit card fraud is a big deal. It's damaging to both the consumer and the business.
As reported by a Kaspersky Lab survey, small businesses spend $38,000 to recover from a security breach, with additional indirect costs averaging around $8,000. Enterprise businesses pay on average $551,000 to recover with additional indirect costs averaging at $69,000.
As credit card fraud becomes increasingly more relevant, there are ways to protect your business against credit card fraud.
International Bancard put together 6 easy ways that your business can avoid credit card fraud.
Does your business accept payments online? Accepting online payments for a small business can help increase sales. You have many options for accepting online payments too, including accepting eChecks, recurring billing, online gateways and integrations, and more!
