Our Latest XBiz Piece Helps Cam Sites and Similar Businesses Limit Fraud Risk

Check out Cam Merchants Should Be Wary of Fraud, by SegPay CEO Cathy Beardsley, published on XBiz.com. The article explains how Cam sites, or any business where customers can “feed the meter” by making multiple payments to extend a session, can limit risk. For example:

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Is Your Business Safe from Hackers?

We have all read so many news headlines this year about hackers disrupting online businesses. Some of these sites were victims of cyber-terrorists, including those sponsored by nation-states, looking to deface websites and spread propaganda. Others were targeted by kids looking to prove their skills to their peers. Of course, some hacks are motivated by competitors trying to drive out the competition. Regardless of the reason, the results are the same: lost customers, expensive mitigation and lost revenues. So, how can you protect your website against online hackers?

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What Merchants Should Consider When Choosing a Payments Processor

In this article, we'll discuss the most important factors to consider when choosing a payments processor, so you can make an informed decision for your business.

If you’re operating an online business, it goes without saying that you need to accept credit and debit card payments. So, what is the best way to do it? You’ll need a company to process the payments, but which one you choose depends on how much internal control you want over the payments process versus how much you want to outsource to the processor. The more you want to outsource, the more you need to consider the services processors provide, and the fees they charge. In this article, we’ll discuss the most important factors to consider, so you can make an informed decision for your business.

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Read Our “How-to” for Choosing the Right Billing Solution – in the April XBiz

XBIZA huge thank you to XBiz for publishing “Billing Solutions that Best Suit a Merchant’s Needs,” authored by our CEO, Cathy Beardsley in the April issue. The article helps merchants choose the best payment processing solution for their business. Here’s an excerpt:

Most merchants in the high-risk space fall into one of three processing categories: They either need the assistance of a payment facilitator to help manage risk, a payment gateway to take control of their credit card processing internally or a combination of the two solutions. Each model fits a different stage of a company’s lifecycle.

Let me share some details around each option in hopes of helping you make the best decision for your business.

Read the full article on XBiz.com.

Common-Sense Tips For Preventing Chargebacks

Create a checklist with these simple tips to help reduce chargebacks.

A chargeback – when a consumer asks his credit card provider to refund a payment – is every merchant’s nightmare. It’s bad enough when a chargeback stems from an actual fraudulent transaction. Worse are the chargebacks that could have been avoided; for example, a consumer doesn’t recognize a charge – or is simply unhappy with a purchase – and calls the credit card company instead of you. You lose the sale and incur fees and, potentially, fines as well. And with too many chargebacks, banks could deem you too high a risk and freeze or even close your merchant account. Your business’s very existence is at stake. The good news: there are simple, common-sense measures you can take today to prevent most chargebacks from happening. Here are a few:

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