Exactly what a High Risk Merchant Account Can Offer
Any high risk merchant should bear in mind, or even become thoroughly an expert, of all the technical facets of charge card transactions. Let's face it, doing business online is taking risk one hundred times more dangerous than doing business the brick and mortar fashion. Smart merchants could not plunge headlong into online ventures with no good, working knowledge of the loopholes of the billing process via credit cards.
High risk merchant account providers employ various tactics to mitigate the frequency of chargebacks such as restriction on the use of anonymous e-mail addresses, charge card validation, IP address detection, and proxy server identification high risk merchant account.
Credit Card Validation and Other Issues
All low risk and high risk merchants are expected to integrate a bank card validation system with the customer's issuing bank.
To produce it even foolproof, merchants would double check for phone number and zip code authenticity, as well as compatibility with the customer's billing address and issuing bank's country. Some would even make sure they're not doing transactions with customers that result from high risk countries.
How IP Address Detection Works
Merchants, however, will find better yet benefit in benefiting from detecting the IP addresses of their customers. Security is really a tall order in regards to purchasing and selling online.
As a matter of fact, legitimate buyers would most welcome security measures such as for example IP geolocation from high risk merchant account providers to protect them from credit card fraud. Scammers would hide behind anonymous e-mail addresses and proxy servers. The absolute most that high risk merchants can do would be to filter suspicious IP addresses. The procedure goes as following:
1. Merchants detect IP address using geolocation technology and IP validation technology. It might be categorized by country, zip code, area code or billing address.
2. The geolocation/IP validation technology identifies where the user is situated spot-on and compares where the person making order is situated and his actual billing address.
3. Merchants analyze, check transactions, and filter legitimate and illegitimate transactions. They may also block transactions considered that you can frauds, or transactions originating from fraud-prone high risk countries.
Proxy Server Identification
IP address detection also goes turn in hand with proxy server identification. Merchants might find difficulty in detecting IP addresses if customers hide behind anonymous proxy servers.
What is a Proxy Server?
A proxy server facilitates network performance by making use of a caching system. The cache is just a temporary storage for data which have been viewed recently (like a brain's short term memory). The point is to prevent data such as web pages and images from being downloaded repeatedly, thus saving time on accessing them online. Another is to help network administrators filter sites that they deem other users of the network must not access.
Detecting IP addresses and proxy servers could be tricky. A powerful support from a higher risk merchant account providers that employs strong IP and proxy server detection technology will help your e-commerce store counteract frauds. This is because anonymous proxy servers can't be detected consistently. With the help of a trusted IP and proxy server detection technology, a merchant may have less time for worries and additional time for finding more solutions to boost profit for his business.
High risk merchant account providers employ various tactics to mitigate the frequency of chargebacks such as restriction on the use of anonymous e-mail addresses, charge card validation, IP address detection, and proxy server identification high risk merchant account.
Credit Card Validation and Other Issues
All low risk and high risk merchants are expected to integrate a bank card validation system with the customer's issuing bank.
To produce it even foolproof, merchants would double check for phone number and zip code authenticity, as well as compatibility with the customer's billing address and issuing bank's country. Some would even make sure they're not doing transactions with customers that result from high risk countries.
How IP Address Detection Works
Merchants, however, will find better yet benefit in benefiting from detecting the IP addresses of their customers. Security is really a tall order in regards to purchasing and selling online.
As a matter of fact, legitimate buyers would most welcome security measures such as for example IP geolocation from high risk merchant account providers to protect them from credit card fraud. Scammers would hide behind anonymous e-mail addresses and proxy servers. The absolute most that high risk merchants can do would be to filter suspicious IP addresses. The procedure goes as following:
1. Merchants detect IP address using geolocation technology and IP validation technology. It might be categorized by country, zip code, area code or billing address.
2. The geolocation/IP validation technology identifies where the user is situated spot-on and compares where the person making order is situated and his actual billing address.
3. Merchants analyze, check transactions, and filter legitimate and illegitimate transactions. They may also block transactions considered that you can frauds, or transactions originating from fraud-prone high risk countries.
Proxy Server Identification
IP address detection also goes turn in hand with proxy server identification. Merchants might find difficulty in detecting IP addresses if customers hide behind anonymous proxy servers.
What is a Proxy Server?
A proxy server facilitates network performance by making use of a caching system. The cache is just a temporary storage for data which have been viewed recently (like a brain's short term memory). The point is to prevent data such as web pages and images from being downloaded repeatedly, thus saving time on accessing them online. Another is to help network administrators filter sites that they deem other users of the network must not access.
Detecting IP addresses and proxy servers could be tricky. A powerful support from a higher risk merchant account providers that employs strong IP and proxy server detection technology will help your e-commerce store counteract frauds. This is because anonymous proxy servers can't be detected consistently. With the help of a trusted IP and proxy server detection technology, a merchant may have less time for worries and additional time for finding more solutions to boost profit for his business.
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