The card security code (CSC) cannot protect against phishing scams. This scam is where the cardholder is tricked into entering the CSC among other card details via a fraudulent website interface. This type of fraud has grown and has the reduced the effectiveness of the CSC as an anti-fraud device. The growth of this type of scam has seen growth since building legitimate looking web sites has become easier and quicker to deploy.

Another scam is where an individual has hacked a merchant database and has obtained the card account information and then uses this information to provide proof of authenticity when asking the victims for this missing information for online transaction frauds.

Since the Payment Card Industry Data Security Standard (PCI DSS) do not allow to store the CSC be stored by the merchant for any length of time a merchant who needs to bill a card regularly would not be able to provide the code on each transaction following the initial transaction. In order to accommodate this payment gateways, have added “periodic billing” feature is a part of the initial payment authorization process information data.

Since It is not mandatory for a merchant to require the security code for making a transaction some card issuers will generally charge a merchants higher card processing rates where the CSC not validated and when any fraudulent transactions without CSC validation investigations are more likely to be resolved in favor of the cardholder at the cost of the merchant.

One of the first anti-scam measure introduce to protect the merchants against card fraud from online purchase scams is the card sekurity code(CVC or CVC2). Introduced for the growing number of purchases where the card is not present or Card Verification Value (CVV or CVV2), allowing validation of the card number presented is the original produced by the issuer. Supplying the card security code(CSC) in a transaction is intended to verify that the customer has the card in their possession.

Security benefits

For “card not present” transactions merchants are forbidden from storing the CVV2 once the individual transaction is completed. The idea here is if a database of transactions data is ever compromised, without the CVV2, the stolen information has limited value for online credit frauds. The online payment gateways as part of the Payment Card Industry Data Security Standard (PCI DSS) do not allow to store the CVV2 code, therefore access to these web-based payment interfaces may provide access to complete card numbers, expiration dates, and other transaction information without the CVV2 code.

The PCI standard applies to larger merchants who stores, processes and transmits card holder information and. These merchants have the resources to develop their own credit processing solution or are credit card service providers who service smaller merchants with point of sales (POS) devices or online credit card processing web interfaces.  Since the CSC is not contained on the magnetic stripe of the card, it is not typically included where the card is presented and handled in a POS device. Some merchants may require the code for their own security standards. These are usually larger merchants chains who use this code to validate a presented card for protection against duplicated cards. Usually these larger merchants have negotiate better rates from card payment processors based on the lower risk they represent to card issuers, who provide them the interchange services.

As everyone knows; commitments are a necessary part of any business’s long-term success.

Your business would not be where it is today without the commitments you’ve made, such as money and countless dedicated hours put into building your business. To move forward and be profitable, these commitments must be made. It develops trust and strengthens the bond between you as a business and all the other people and companies at play. No one wants a short-term relationship that leads to uncertainty and doubt.

Sekure Card Services is willing to commit to you for the length of your merchant agreement. Our cost free-brokered quote from national providers allows us to show you what the buying power that hundreds of merchant’s combined volume can offer. With fixed rates for the length of your agreement, dedicated account managers as well as in house technical and customer support we are committed to developing a lasting relationship with your business. Regardless of your industry, size or specific needs we promise to do our utmost to make you a priority and strengthen that bond.

In the courting ritual that is shopping for merchant service providers, there are a lot of fast talkers on the dance floor. The most common but unstable pick up line is the promise of a month-to-month contract. Our best advice is to politely decline any offer built on this premise. Just like everyone else, you want something that works for you in the long term. Today is fleeting and tomorrow is inevitable.

Month to month contracts mean zero security for your company. Thousands of merchant complaints and reviews prove these arrangements never work to a business’ advantage. Fluctuating rates, hidden fees and the nightmare of terminal leasing and rental costs often go hand in hand with this type of account. Then there is the dreaded promise of meet or beat policies. What better way to start a relationship than to admit they may be overcharging you? Then when you call their bluff, the rates inevitably increase after a few short months.

Any sales rep can offer you the sun and the moon to get you to sign. As much as the freedom of not having a contract may be a relief, rest assured the storm is just brewing.

What kind of company wouldn’t want build a lasting relationship with you as a client? As we all know, most sales reps don’t make a salary or hourly wage. Lucrative signing bonuses, kickbacks when your new account is approved and yet another payoff when you’re plugged in is their ultimate goal. After that, they make a percentage of your monthly costs. This is true whether it’s the rep down the block or an agent for a leading national bank.

Then the rep simply moves on to the next merchant, saying whatever is necessary to get them on board. With only a handful of new accounts each month, they’ve made a substantial profit directly off of your trust. In the end they want you to feel at ease because they know it won’t last.

At Sekure Card Services, customer referrals accounts for 30% of our business and this directly related to building long term relationships with our merchants. Because we sign hundreds of new accounts every month, our focus is based on retention, the cost of retaining a client is far less than acquiring a new one, a simple lesson that few agents seem to learn. Our goal is to be a solid foundation for your business and help you expand by lowering your basic costs. Because of our size and relationships with major banks and processors, you’ll get rates you can count on and the support you need. Whether it’s an immediate concern, technical questions or even basic question about your billing we’re there to guide you through the process.

Just like any reputable player in the processing industry, we will also cover the standard termination fees with your current provider. We see it as an investment in you as a merchant. We want to earn your trust as well as your business. Thousands of satisfied companies each year would agree.

If you’ve made a commitment to a provider who simply can’t live up to your cost expectations, Sekure Card Services would love to have you as one of our clients now and in years to come. You strive to treat your customers with the respect they deserve. You should expect nothing else but the same from your merchant service provider.

www.sekurecardservices.com

1-866-437-3189 ext.225

PCI DSS (Payment Card Industry Data Security Standard) was established, and on 15 December 2004 and was initiated to define, on behalf of card issuers, the level of security required for merchants to meet basic acceptable level of data and communication security when storing and transmitting cardholder data.

The Security Standards Council defined the standard to provide better data security protecting against credit card fraud. Compliance is very expensive and as well as the costs of the annual mandatory validation by a QSA (Qualified Security Assessor) for organizations handling large amounts of card transactions.

So many companies turn to third party PCI compliant payment providers like 2checkout or 1^st Americard to simplify the integration of payments services with their organization. These PCI compliant services offer their platform as a service for a fee, that that make up the costs the merchants must absorb that makeup the complex set of rates, rates that are part of accepting credit card and debit card payments today.

Although the integration with these compliant third party providers shield the businesses from formal validation and compliance of the PCI DSS standards there are still some security associated with the handling of credit cards that must be implemented by businesses and the personnel responsible In the handling of credit cards and the information that are on these cards.

SekureCard Services has an excellent support staff available to assist you. Accepting credit and debit is a necessity in today’s business environment and a very important aspect of your business. Electronic payments already make up the majority of consumer spending and are increasing at a rapid rate. We understand the importance of having nothing but the best in customer support and service for any need or question you may have, big or small. Our integration team is available for all your POS and terminal needs, whether its reprogramming equipment, assisting in updates or transaction inquiries.

We are dedicated to supporting you in every step of way. We believe strongly in after sales support and customer referrals accounts for 30% of our business. Sekure Card is quickly becoming a trusted name in credit card processing and has been advocating for merchants since inception.

We are always honored when a Merchant allows us to analyze their statement, whether it leads to a new customer or simply empowering a merchant with valuable information. SekureCard reviews thousand of credit cards statements every month. We attract a wide variety of potential customers ranging from savvy business owners looking to cut costs, to some merchants that actual feel like they have been taken advantage of or even been victim of a scam.

Whatever your reason may be, Sekure Cards staff of over 150 professionals is ready to help. If you would like a free analysis of your statement without any cost or obligation then call us today or visit us online.

www.sekurecardservices.com

1-866-437-3189 ext.225

TERMINAL LEASING

Unfortunately there are numerous ways a merchant can fall victim of a scam when shopping for payment processing services. One of the most common, as well as financially damaging, is leasing a credit card terminal.

Far too often some smooth talking salesperson convinces a merchant their current equipment “isn’t compliant” or “needs to be upgraded”. Surprise, surprise… they have the perfect solution! They offer a state-of-the-art terminal that is always much more expensive than you’d expect. Surely you wouldn’t want to pay thousands of dollars upfront for such a sophisticated new machine. The rep then cuts you a great deal with reasonable monthly payments for the next four years and the machine is yours.

What isn’t brought up is that the leasing agreement can’t be cancelled and the true value of the terminal is usually no more than a few hundred dollars. It isn’t uncommon to pay well over ten times the value of the terminal over the length of a lease. Many of these agreements aren’t even lease to own, and  in some cases the equipment may be refurbished or less current than the previous terminal.

Most reputable companies will provide you a free terminal as a loaner or simply sell it to you at cost. Often the equipment you have is perfectly fine and can be reprogrammed in a few minutes over the phone. SekureCard Services  has a full integration team for ease of switch or reprogramming your equipment.

Sekure Card Services has had only one complaint with the BBB (Better Business Bureau) which was successfully resolved, thus giving us an “A” rating CLICK HERE to see SekureCards BBB rating.

If you wish to have a review done of your processing statement and fees you can contact us at,  1-866-437-3189 ext.225 or visit us online at, www.sekurecardservices.com

Credit card processing requires an enormous communication infrastructure and it is impossible to offer the service for free. To keep costs down and charge those that use the service more than those that don’t, the processing fees are billed at a percentage rate on total volume and a transaction fee as well. The lion’s share of the fees goes to Visa, MasterCard and the issuing bank.

Processing companies assume most of the risks on each transactions, so the riskier the transaction usually means the higher the cost will be for the Merchant to process said transaction. Each time a credit card transaction is processed, the credit issuer pays out the cash and then bills the consumer who can pay quickly or default on a credit card balance. The retailer then gets paid without assuming any risk, or very little risk.

Because businesses assume no risk on the transaction, except in case of a charge back where the Merchant could be out the product and payment for the product they are asked to pay a merchant fee that is consistent with the level of risk, costs and losses incurred by the processor. In order to maintain accreditation credit issuers must maintain high standards to meet federal guidelines.

Businesses benefit by supporting credit card payments options, although they do also take a small hit in terms of the merchant fees, this cost is part of doing business and has become a vital service in today’s consumer driven economy.

Retailers have several ways to offset the cost of credit processing. Only accepting a qualified credit card is one step that merchants can take to keep their rate low. Another option is to only process cards that swipe, and refuse to offer manual entry. The merchant rate can be figured based on several factors for each transaction. Ensuring that you are familiar with the way that fees are charged can help you get the best merchant rate on each transaction. SekureCard Services specializes in analyzing merchant statements and lowering merchant fees. If you have a complaint regarding your current providers fees or would simply like a free review then allow Sekure card services to analyze your statement.

Contact a Corporate Sales representative today

Phone: (866) 437-3189

Email: info@sekurecardservices.com

Statement Analysis

Fax or email your most recent statement to:

Fax Numbers: 1-888-990-9929
 or 1-888-990-9932

Email: analyze@sekurecardservices.com

One of the greatest misconceptions in payment processing is the benefit of a local rep. In many ways it is a quaint and old-fashioned notion. It almost hearkens back to the days of going to your local butcher, the neighborhood bakery or getting milk delivered to your door. You have the warm and fuzzy feeling of knowing someone from your community has your business’ best interest in mind. They periodically drop in to say hello, or maybe they are an acquaintance or were recommended by your local bank. They are relatable because they service your area.

Unfortunately, this antiquated approach is absolutely one of the most costly ways of handling your business’ payment processing needs. Local reps often don’t make any reliable form of pay. They exist solely off commission and signing bonuses. In this feast or famine situation, most reps will understandably say anything they need to for you to sign on the dotted line (regardless of how legitimate their claims are).

They also often work for third or fourth party resellers for much larger processing companies, keeping you further and further away from the actual processor while keeping as many thumbs in the pie as possible. With all of these factors at play there’s almost no way to get a truly competitive rate on a local level with a local agent.

Typically a local rep will approach a business offering great savings. However, because they will have to survive off of a percentage of your processing fees in years to come your volume 100% dictates your pricing. Usually you end up with a very low introductory offer or “teaser quote”. The quote is intended to lure you in to signing. Many local reps will also claim to do you a favor by leaving the agreement as a commitment free month-to-month agreement. This also means there is no real guarantee that the pricing will last while keeping you comfortable.

These very simple sales tactics then set the stage for what will eventually lead to hundreds of online complaints and negative reviews. What you may not be aware of is that your new rep has received a rather lucrative signing bonus, another kickback when your new account is approved, and yet another when you are “plugged in” and processing. This allows them to coast for a few months while you, confident in your new deal, gradually stop paying close attention to your monthly billing.

Because you now represent monthly residuals to this rep they will gradually increase your fees to boost the account’s profitability. Previously undisclosed corporate fees, non-compliance charges and customer rewards programs typically start popping up on both your statement… and the withdrawals from your checking account each month.

My best advice to any merchant is to approach your payment processing just like your larger, nationally franchised competition. THINK BIG. Instead of bouncing back and forth between numerous smaller local companies, essentially all working in the exact same way I’ve described above, THINK BIG.

The Wal-Mart’s of the world get great rates because all of their locations, and their volume, move as one. Working with industry specific buying groups, and large established processing brokers like SekureCard Services are the easiest ways to access this type of pricing.

Sekure Card Services has a very simple model. We work with volume, instead of working with a few merchants a month as a local rep might; we work with a few hundred merchants each month, and thousands every year. You can have your statement reviewed for free, without any cost or obligation.

SekureCard will also pay your current company’s early termination fees, supply free equipment or terminal reprogramming and various other things that others charge for or won’t even do. SekureCard is one of the few companies to actually pay money against POS switch fees instead of relying on projected savings. We also have a dedicated customer support and technical integration team to provide a much higher level of assistance than a single rep, despite that rep being a few minutes away from your business. SekureCard only has one complaint with the BBB that was resolved, giving us an A rating. CLICK HERE for SekureCards BBB rating.

If you’re looking to reduce expenditures in what is a rocky financial time for all of us, I would highly suggest broadening your horizons. To maximize your profits, you will definitely have to look further than your back yard when it comes to payment processing.

Please see below for more information regarding SekureCard Services, or visit us online at, www.sekurecardservices.com

Corporate Sales:

Phone: (866) 437-3189 ext.225

Email: info@sekurecardservices.com

Statement Analysis:

Fax or email your most recent statement to:

Fax Numbers: 1-888-990-9929
 or 1-888-990-9932

Email: analyze@sekurecardservices.com