Credit Card Security and Fraud Prevention

Credit Card Security and Fraud Prevention from PayGate Credit Card Payment Gateway

By: PayGate Credit Card Payment Gateway  02-10-2010
Keywords: Hotel, E-Commerce, Tourism And Travel

If you are an online merchant in the airline, tourism and travel, hotel or e-commerce sectors accepting credit card payments via your website from customers both in Africa an abroad, it is important to have suitable measures in place to prevent credit cards being used fraudulently to make payments. At PayGate we offer a number of fraud screening and risk analysis services via our online payment gateway. These services are designed to run seamlessly along with our PayWeb, PayXml, and PayBill credit card processing services in order to offer merchants the maximum amount of security.

Our PayProtector Online fraud screening service can be used along with PayWeb, PayXML and PayBill. This service screens all incoming transactions from the online payment gateway against extensive negative databases in real time and blocks the fraudulent transactions from being processed to the internet merchant account. This reduces the chances of successful transactions being processed for credit cards being used fraudulently and by doing so reduces the chances of receiving chargebacks. Our online payment gateway is also configured to handle 3D Secure (MasterCard SecureCode and VerifiedByVISA) processing. 3D Secure is a free credit card authentication service offered by MasterCard and VISA. When a customer makes a purchase on the 3D Secure-equipped website using a card issued by a bank participating in the service, they are required to enter a PIN number to proceed with the transaction. This acts as an additional security measure as only the actual cardholder should have access to the PIN number. 3D Secure also offers additional protection from liability for certain types of chargebacks.

Between online prevention measures and good business practice, it is possible to reduce fraudulent transactions processed to a negligible level. If you are a merchant in the airline, tourism and travel, hotel or e-commerce sectors wanting to accept credit card transactions via an online payment gateway and you plan to accept international credit card payments as well as payments from customers in Africa, PayGate's fraud prevention services reduce the risks involved to allow safe and secure credit card payment processing.

Keywords: E-Commerce, Hotel, Online Payment Gateway, Tourism And Travel

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