Transaction,Processing,UniBul, business, insurance Transaction Processing
As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The
At UniBul Merchant Services we have just launched our new website http://www.unibulmerchantservices.com/ and, to mark the occasion, we developed our first merchant manual for credit card acceptance. We wrote this guide to help our merchants process online payments in a way that will ensure compliance with Visa and MasterCard regulations, which, in turn, translates into lower levels of chargebacks and downgrades and, eventually, into lower processing costs. We divided it in 10 parts for easier digestion and following is the first one, which covers our best practices suggestions for the information online merchants should make available for their customers.Part 2 Transaction ProcessingThe Associations have established a range of fraud-prevention policies, guidelines and services. Implementing these tools and best practices will help protect you from fraudulent transactions and will reduce chargebacks.2.1 Cardholder information.If the shipping address differs from the billing address, follow-up with a phone call or an email to verify the order. Be sure to ask for a phone number in your order form.2.2 Card information.Get the cardholders name and the card number and type (most consumers do not know that a cards type can be determined by the card number), the cards expiration date (make sure it is in the future) and the card ID - the CVC2, CVV2 or CID number, located on the back of the card (or on the front for American Express cards). The card ID serves to ensure that the customer is in possession of the card.2.3 Implement Verified by Visa and MasterCard SecureCode.The Associations introduced these tools to help merchants fight fraud and reward merchants who use them with very strong representment rights.2.4 Always use AVS.The Address Verification Service (AVS) allows you to check a cardholders billing address. The perpetrators of fraud often do not know the accounts correct billing address.2.5 Only ship to an AVS verified address.2.6 Deliver the merchandise or services to the cardholder at the time of the transaction.If that is impossible, inform the cardholder of the delivery method and the tentative delivery date. Transactions cannot be deposited until goods or services have been delivered.2.7 Do not use voice authorizations.They bypass the processors systems and cannot be used as supporting evidence in chargeback representments.2.8 Each deposit should refer to one authorization.Do not use forced authorizations.2.9 Ship within seven days of authorization.Otherwise you should obtain a new authorization.2.10 Deposit transaction receipts within three days of the transaction date.For card-not-present transactions, the transaction date is the ship date, not the order date. Transactions deposited more than 30 days after the original transaction date may be charged back to you.2.11 Use the same transaction ID returned from your auths for your deposit and refund transactions.This eliminates deposits of refunds where auths have not been performed and can substantially reduce fraud.
Transaction,Processing,UniBul,