Exactly what a High Risk Merchant Account Can Offer

Any high risk merchant should be aware, if not become thoroughly a professional, of all of the technical areas of credit card transactions. Let's face it, conducting business online is taking risk 100 times more dangerous than working the brick and mortar fashion. Smart merchants could not plunge headlong into online ventures without a 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 for example restriction on the usage of anonymous e-mail addresses, charge card validation, IP address detection, and proxy server identification. Credit Card Validation and Other Issues All low risk and high risk merchants are required to integrate a charge card validation system with the customer's issuing bank. To produce it even foolproof, merchants would double check for contact number and zip code authenticity, as well as compatibility with the customer's billing address and issuing bank's country. Some would even ensure they're not doing transactions with customers that result from high risk countries. How IP Address Detection Works Merchants, however, will discover better yet benefit in taking advantage of detecting the IP addresses of these customers. Security is just a tall order in regards to purchasing and selling online. As a matter of fact, legitimate buyers would most welcome security measures such as IP geolocation from high risk merchant account providers to guard them from charge card fraud. Scammers would hide behind anonymous e-mail addresses and proxy servers. Probably the most that high risk merchants can perform is to filter suspicious IP addresses. The procedure goes as following: 1. Merchants detect IP address using geolocation technology and IP validation technology. It may be categorized by country, zip code, area code or billing address high risk merchant account. 2. The geolocation/IP validation technology identifies where the user is found spot-on and compares where the individual making order is situated and his actual billing address. 3. Merchants analyze, double check transactions, and filter legitimate and illegitimate transactions. They might also block transactions considered as possible frauds, or transactions originating from fraud-prone high risk countries. Proxy Server Identification IP address detection also goes submit hand with proxy server identification. Merchants could 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 utilizing a caching system. The cache is just a temporary storage for data which were viewed recently (like a brain's short-term memory). The purpose is to prevent data such as for example webpages 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 mustn't access. Detecting IP addresses and proxy servers can be tricky. A powerful support from a higher risk merchant account providers that employs strong IP and proxy server detection technology can help your e-commerce store counteract frauds. This is because anonymous proxy servers cannot be detected consistently. With the help of a dependable IP and proxy server detection technology, a merchant could have less time for worries and additional time for finding more solutions to improve profit for his business.