The authorization approval for the card
that you are processing is just the
beginning in the multi-step procedure in
the credit card transaction no matter if
you are using a domestic merchant
account or an
offshore merchant account.
At times you may come across a
potentially stolen card. One of the ways
to avoid this is to make sure the
address is 100% correct. That means that
if an apartment or unit number is
included as part of the address, it
should be 100% correct. The zip code
must be accurate too.
When you receive an approval code, ALL
information must match up. If you do not
verify the address, including the
details mentioned, you will get a
mismatch. Cancel your transaction
immediately and do not continue with it.
Lastly, always ship to the billing
address, this way you will not have any
Other things to consider for your
company’s safety is not to ship to a
foreign address except those countries
that do frequent commerce with the
U.S.A. – avoid countries that have
higher fraud related problems.
Consider the quality, uniqueness and the
price of your product. Then also
consider how many of these items your
credit card purchaser wants. Consider
the speed that the purchaser wants your
product(s). All these points might alert
you to a potential fraudulent purchaser.
When you “smell” something that doesn’t
sound legitimate – proceed slowly, you
may even want the potential purchaser to
fax a copy of his credit card. Take
precautions. It will be the best for you
and your business.
one of our helpful account
representatives to assist you in the
high risk merchant account or
offshore merchant account for a
high risk merchant.