Did you happen to wonder what will happen to the world of business and finance if on line credit card processing was not possible? As you may have already guessed we will be moving in slow phase, in a snail walk race to conquer the world. Could you imagine what your love would be without on line credit card processing or being unable to withdraw cash from ATM’s? Although we complaint every day, we surely have a lot of things to be thankful for in life in this life, don’t we?
During every passing second, billions of on line credit card processing happens around the world. Thanks to the technological advancements that have made on line credit card processing, our business world has improved by heaps and bounds to operate efficiently than ever before. The many innovations that are coming forth everyday in the field of IT only shows us good signs about things to come. While we may try to feel content in our hearts about this amazing information age that we are living in, did it ever occur to you how vulnerable we have become due to the same advancements that have come forth and volunteered to make out lives easier?
It is predicted that in the future, when you engage in an on line credit card processing; people will have access to your personal records, such as health conditions and credit reports and so on. So that brings us to question whether this technological miracles are introduced in good faith or not.
Whilst the future holds many things to worry about, right now, you will need to worry about securing your finances when you engage in on line credit card processing. A few easy and simple ways to do this is to ensure that you do not engage in on line credit card processing activities from public computers. These computers may be equipped with key loggers and similar spyware to spy on your credit information. Secondly, ensure that your on line credit card processing activity is being routed via a secure server.
These will usually start as ‘https://’. Third factor is to ensure that your on line credit card processing gateway is an authentic one. When you make online purchases, always make sure that you know through which merchant/financial institution you are making the payment. And lastly, but not in the very least, save all your passwords in a secure place and never allow websites to save your credit card information and codes in their websites. If you follow these simple steps, you will most likely ensure that you don’t end up in an on line credit card processing disaster!
Remember…always keep up to date with merchant account fraud and credit card fraud education! Please see the following to help advise about credit card fraud and merchant account fraud and how you can avoid the issue:
PCI | FBI | FTC | Stop Fraud .gov | HG | USA.gov | DOJ | SS | FFIEC | CSOS
Contact us anytime with your merchant processing questions.