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ACH “Automated Clearing House” a fund deliver system that processes e-payments and electronic debit and credit transfer. Incorporating electronic check payment solutions for your customers can take your business at new heights, as they do not have to go for complex payment process to transact.

Card Verification Value

CVV IMAGE
safety measures for both #merchant and #customer

The card verification value enhances security both for the merchants and customers. The CVV are of two types called CVV1 and CVV2 respectively. The CVV1 is printed on the magnetic stripe for track 2 of card. The purpose of the first CVV is to verify the data stored in the card is valid and was given by the bank to the person for use. The CVV2 is printed on the back side of credit and debit cards. CVV2 is the three digit unique code which authenticates that the cardholder is genuine and reduce fraud for the business purpose. The American express card has four-digit code which is on the front side of the card. However the purpose of the CVV is to verify that the customer is the actual cardholder and these is considered an added security for the companies who sells their product online, generally used when card not present transaction take place on E-commerce website.

For merchants

Merchants requiring CVV2 for the card not present transactions can dramatically reduce the fraud cases in the business. Using this extra layer of protection can stop breach or fraudulent cards for going through. Avoid retrievals and charge-back fees.

For customers

CVV2 is prominent for the customers when the buy the online products because you say who you are. Under visa regulations, a merchant cannot store customers CVV database.

Address verification system

Address verification system or AVS, was designed by the card issuer to aid in the detection of suspicious credit card transaction activity, and verify that the cardholder address is same which is registered with the bank on file. This is a part of credit card service which requires the authorization for mail order/ telephone order transactions or internet e-commerce transactions. A code is received with an authorization which results in the level of accuracy. This helps to secure the most interchange rates for the merchants.

Visa, MasterCard, Discover and American Express supports this service and when paired with the CVV confirmation result in a secure transaction. To verify a customer address the merchant require cardholder’s zip code billing and the house or apartment number of the billing address. The merchant not need to enter the street, city or the state of the cardholder. While AVS is not intended for use as absolute protection against suspicious transaction activity, it just helps in authorizing non face to face transactions. Radiant payment gateway solutions recommends to all the merchant that they secure all these type of orders both with CVV and AVS.

How to Expand the Online Payment Experience?

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Today many customers are using the credit card and mobile                     payment to find more experience on payment. Many business owners are optimizing online payment process to save lots of time. It gives more opportunity to the businesses to enhance the experience of payment. Rapidly most of the people are connected digital devices to pay off for goods. We offer excellent customer satisfaction service to find more benefits on this processing. We give valuable tips t to access your business in the global market and achieve success. Here we have described some tips to improve your online payment experience with the simple process.

Enhance security system:

You might acquire positive experience to increase security to process payment. Internet security is the important one to complete a transaction without issue from cyber criminals and hackers. Over the word, high range of people is using internet for various purposes. This security assists to safeguard your payment details from hackers. It makes you feel more secure on process payment on your mobile device. There is some security software avail to handle financial operations elegantly.

Decline payments:

You should avoid declining of payments. Credit card decline is largest issues to improve processing experience. There are many reasons to decline cards on your hands. If entry incorrect details of your credit cards, it makes breaks payment processing. You have to keep the contact information of the consumer on the purchased products. It also involves various payment methods that handled manually.

Consider more payment methods:

Most of the customer likes to found lots of payment options for purchasing any product. You have to offer more options to acquire high experience. It is a crucial part for a consumer to pick right payment choice to payoff products that they buy on your website. So, go through these points to improve online payment experience.

Allow Multi-currency Processing and Settlements for Risky Businesses

Accept International PaymentsThe online shopping sites are growing popular in the market. The international customers are purchasing the products online. So the multi-currency payment is the perfect solution that allows the foreign buyers to purchase the goods easily. It is the simple way to improve the sales from the international customer. We offer different payment process solution to risk merchants. It helps to improve the sales without more effort. You can accept all country currency and improve the orders from the foreign shoppers by adding the multi-currency payment to the checkout page.

Get quick approval for risky business account

Are you looking for the best place for applying the risky business account? Then it is the right place. We have a lot of the experience in the field so we provide the first-class services to our customers. You can get the Multi-currency payment for your business that keeps your business safe. It helps to improve the payment process for your business. We provide 24/7 hours customer service for long-term satisfaction. With the help of the multi-currency account, the business owner can display the product price in currency there the customer is located. We provide the affordable multi-currency processing and settlements to our clients.

Benefits of Multi-currency payment

The Multi-currency payment is the great feature of the online store gateway. It accepts the payment process and receives the settlement in the currencies choice. You can gain more benefit by using the Multi-currency payment such as improve sales, reduce expenses of processing, great cloud reporting, automatically load balance and others. The multi-currency account helps to load the balance automatically. The Multi-currency Processing with the international retailer account reduces the processing expended and foreign currency exchange risk. It provides the best online shopping experience to the international customers.

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