How Can Radiant Pay Can Help to Reduce CNP Frauds Within Your Business?

Yes, it is now possible to diminish the Card not Present Frauds been Impacted, Due to the Implementation of EMV Credit Cards. The Payment card commerce introduced new obligation rules designed to make EMV (Europay, MasterCard and Visa) Credit Card the ideal standard for in- store retail shopping. The main reason behind this implementation is to reduce the risk of frauds happening due to Credit Card Processing, and to prevent Credit Cards frauds within bricks and render stores. 

Conversely, these Europay MasterCard and Visa (EMV) are not relevant while shopping online or by Mail Order or by Phone. Card Not Present (CNP) transactions trust on the old styled information’s of card using, i.e. Account Holder names, Credit Card Numbers, Billing Addresses, Card Verification Values (CVVs)

Can Radiant Pay Help you to Reduce CNP Frauds with your Business?

Yes, at Radiant Pay we offer a complement of Frauds Prevention tools planned to make your Payments environment as unappealing as possible to would- be thieves. Evoke that Criminals go after less secure networks. Thus, the more protection’s you have in place, the less attractive you become as an objective. 

Some of our Security Solutions Includes: 

·         Credit Card Tokenization: This promptly alternates your customers’ financial data with one-time tokens that only the payment processor can decode. 

·         Point to Point Encryptions: which encrypts payment data the instant the card is swiped, while in transfer over the network, all the way through to permission.

Frauds management Filters: these panels allow you to automatically set limits for the volume, frequency, transaction amount and location of all credit card payments made within your business.

Why am Choose ACH Networks

ACH Network is the center and hub of money moving and information from one bank account to another through direct deposit and direct payments. Each year it moves more than $40 trillion and nearly 23 billion electronic financial transactions, and currently supports more than 90 percent of the total value of all electronic payments in the U.S. As such, the ACH Network is now one of the largest, safest and most reliable payment systems in the world, creating value and enabling innovation for all participants. 

·         ACH Network is batch processing system where many financial systems accumulate ACH transaction of whole day for later processing.

·         ACH transaction is transmitted electronically over the traditional paper checks, thus allowing for faster processing saving time and overheads costs. 

·         The ACH Network processes two types of transactions: Direct Deposits via ACH and Direct Payments via ACH.

·         ACH credit and debit transaction process quickly Settlement, or the transfer of funds from one financial institution to another to complete the transaction, generally happens next day.

Say Yes to High Volume Sales | Offshore Merchant Account Solutions

Every merchant wants high sales, profits and sound image of his/her business entity. And almost every merchant search the opportunity to reduce the tax liability and overheads costs of their e-business. Offshore is the freshest concern that every merchant is taking advantage and the most high-risk businesses. Every business entity knows the reasons of having merchant account no matter what type of business they own. 

Many merchants now looking for having offshore merchant account solutions for their business, these offshore merchant account enables then to accept high volume sales. Once you have an offshore merchant account, you will no longer have to worry about banks and processors or about your account being shut down as soon as your business starts to grow. Business that process card processing gets 75% more potential customers than those who don’t. It takes you in a whole different world where you can get many business and economic advantages with virtual opportunity. Offshore banks and processors tend to charge merchants higher processing fees as compared to the U.S rates and there is some fierce competition. Finding reliable offshore merchant account provider can help you to go in right directions. With an offshore merchant account, you get cost-effective and hassle free solutions along with various economic advantages