By David A. Montague
Crucial counsel for combating fraud within the card-not-present (CNP) area This e-book specializes in the prevention of fraud for the card-not-present transaction. The fee procedure, fraud schemes, and fraud ideas will all specialise in all these transactions forward. unearths the pinnacle forty five fraud prevention recommendations Uniquely specializes in eCommerce fraud necessities offers the fundamental thoughts round CNP funds and the methods fraud is perpetrated in case you do company on-line, you recognize fraud is part of doing enterprise. necessities of online fee safeguard and Fraud Prevention equips you to avoid fraud within the CNP house.
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Additional resources for Essentials of Online payment Security and Fraud Prevention (Essentials Series)
Sample text
American Express is one global organization with regional coverage. American Express also differs from Visa and MasterCard in allowing merchants to set up direct connections for performing the acquiring functions. One of the side notes that should be understood is the concept of cobranding. Today consumers have credit cards sponsored by airlines, car companies, local clubs, and so on. These organizations get a percentage for each purchase. In some cases, it may be that the organization is actually the issuer, but in a lot of cases, it is an actual issuing bank that is offering a number of cobranded credit cards for consumers to choose from.
The top five mobile payment providers are Sybase, PayPal Mobile, Paymo, Luup, and UMPay. The market penetration of m-commerce payment providers is low, and they remain to be seen as contenders in the global alternative payment landscape. This can be attributed to the mobile payment providers having to forge strategic partnerships with mobile phone service providers. , China) are majority controlled by the government. M-commerce is highly regional in nature, and many regions may prefer a homegrown m-commerce provider.
One of the side notes that should be understood is the concept of cobranding. Today consumers have credit cards sponsored by airlines, car companies, local clubs, and so on. These organizations get a percentage for each purchase. In some cases, it may be that the organization is actually the issuer, but in a lot of cases, it is an actual issuing bank that is offering a number of cobranded credit cards for consumers to choose from. The card is still an American Express, Visa, or MasterCard. Each of these credit card associations has its own network of systems, policies for use, and payment processing.