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You are here: Home > Business > Business > How to Reduce Accounts Receivable Costs by Over 50% with Auto Recurring Billing |
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Suggest You - How to Reduce Accounts Receivable Costs by Over 50% with Auto Recurring Billing
Credit Card Fraud Prevention - Err on the Side of Caution y over 50%.There is a small, yet palpable inherent risk in accepting credit cards. Aside from chargebacks, there always exists a possibility that a given credit card is stolen or presented without any authorization to use from the card holder. Even veteran merchants, processing for decades, can recount incidents where they have sent out product, subsequently learning that they have been victimized by credit card fraud.One day, I received a phone call from one of our retail merchants who sells furniture. She explained that she received a credit card from a so-called customer that was declined. This customer then presented a different credit card with the same result: transaction declined. The owner’s intuitive feeling was that “something was not right” – the customer may simply be over-extended, surpassing his credit card limits, or simply trying to engage in an act of decept Direct Benefits of Auto Recurring Billing for Businesses include:
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