List of Credit Card Declined Codes

List of Credit Card Declined Codes

You may have already experienced a credit card declined code.  Though more prevalent in high transaction volume B2C companies, they can be found in any business environment in which payments take place. If you haven’t gotten one of these codes, don’t...
AVS Mismatch

AVS Mismatch

Credit Card AVS Mismatch At some point, every merchant wonders, “What is an AVS mismatch? And what can I do about it?” The Address Verification System (AVS) is a system created by Mastercard.   It is meant to protect merchants against fraud (especially...

Take These 3 Steps To Protect Yourself from Chargebacks

How to protect your business against chargebacks: 1.  Work with a Team of Payment Optimization Experts 2. Use Systems That Reduce Fraud and Merchant Errors 3. Set Proper Expectations … and provide an accurate payment descriptor with your customer service number....

Lesson 1: Your Merchant Account Can Get Shut Down at Any Time

Your merchant account can get shut down at any point in time, through no fault of your own.Are there actions that you can take that will increase the likelihood of getting it shut down? Absolutely; spikes in volume, increased chargebacks, increased refunds, a variety...

Using Payment Aggregators can be a Risky Payment Strategy

https://www.youtube.com/watch?v=PoJ0KbA0qTQ&t=1sUsing Payment Aggregators is a Risky Payment Strategy:  Here’s how to Protect your Cash FlowProtecting your cash flow is easy! You just need to understand the following: Merchant Account Providers legally have...