Internet Credit Card Processing Using Aggressive Fraud Controls Credit card processing is complicated today. There are so many dishonest people, both online and in people, who are just waiting to steal the personal data information and use it in fraudulent ways. Today, many people are getting involved in ecommerce and selling items on the web, but they may be leery of accepting online credit card transactions for fear of the data being stolen. After all, if you are accepting credit cards as payment and someone’s personal information is stolen, you are subject to fines and could possibly be barred from accepting credit card payments forever. But refusing to accept credit card payments for your business because you are afraid of fines means you lose money. So what do you do?
VerePay Technologies is a wonderful solution for those merchants who do not want to have to worry about complying with Payment Card Industry (PCI) data standards which apply to credit card processing. VerePay can be used for retail merchant accounts, ecommerce or both. VerePay integrates easily with your web page to provide credit card processing for merchants on a 24/7/365 basis. BankCard Central has years of experience with dealing with credit card processing, so why should you have to reinvent the wheel when you can let them do all the processing for you? They are a leader in end-to-end processing that includes retail (and restaurant), mail order, ecommerce, wireless, credit card machines, and phone order credit card transactions.
If you have been watching the news, you have probably heard of organizations that have suffered a breach in credit card security and the personal data of hundreds of thousands of users has potentially been compromised. With incidents like this, any organization found to not be in compliance with the PCI standards can be fined up to $500,000. Why take a chance like that?
VerePay offers the most up-to-date security measures for credit card processing. It offers a military level (3DES) encrypted Internet gateway which allows for the most secure credit card transactions. VerePay’s certified Cardholder Information Security Program (CISP) secure hosting means that any payment page a customer fills out will be secure, so you are not liable if any credit card holder information is stolen. What other benefits are available from VerePay with merchant accounts? Users with retail merchant accounts can use SecureCard Storage and Fraud Management easily when using VerePay Technologies. No matter what type of merchant account you use, Verepay can do the credit card processing for you.
Because of recent security breaches with credit card personal data, the drive to create and enforce strict security standards is in high gear. Within the next two years, the PCI standards will be a requirement to protect customer personal data from theft. By using VerePay through BankCard Central, you do not have to worry about being in compliance with the standards – VerePay does that for you. Whether you are a Level 1 merchant who deals with more than 6 million credit card transaction a year, or a Level 3 that deals with less than 500,000 a year, VerePay is the solution for you!
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