Stealing of electronic payment information has risen with time. Therefore, it is important to protect your data by setting up and processing up the protection process with your merchant account provider. Nevertheless, you should adhere to data security standards to avoid breaching of rules which might result in fines. CC checking does not only verify credit card transactions but prevent any fraud taking place. For security reasons, you should update customer transaction information over time. CC checking also prevents your business from incurring chargebacks. Avoiding performing BIN checking in any transaction can result in fraud and chargebacks. The outcomes of such are your business being likely to be affected due to a poor customer relationship.
If your business has many customers, you should ensure all data is protected as, and no breaching of the set rules is breached. Breaching of security makes it easier for hackers to access very many accounts, hence putting you on heavy fines. Listed down is some simple steps which you can use to check your credit card number and prevent fraud.
The initial step is to use an address verification system: CC checker system is mostly used to check cards which have not been involved in any transaction such as delivery and mail order. It checks the customer’s billing address, as provided by the issuing bank on the card. CC or BIN checker verifies if the two addresses are matching. If the addresses do not match, no one can use the card to perform any transaction. Although using the AVS might cost some fee, it is worth in CC checking and protecting any fraud.
The second step is to get the CVV code: The verification codes are either three or four digits printed on the credit card. CC verification systems help you as a merchant to validate transactions. However, the verification codes are not part of the card’s magnetic stripe, and it is not indicated on the card’s purchase receipts. When having any online transaction, you should request the customer to provide the card verification codes. Asking for the codes can help you to quickly determine legitimate clients and hackers who on have the cards magnetic stripe information.
Calling customers for more information: If any customer performs a transaction which is suspicious, you should call them to provide personal information already presented for verification. You should ask the customers to provide copies of their national identity cards or driving license. Additionally, you should try and verify their voice while still on the phone. If the information does not match, you should not allow any transaction.
Finally, you should not expose or store the customer payment information in your house. Storing customer’s information in your computer or premises gives hackers the opportunity to crack your security measures. Also, it is advisable to use wireless networking equipment to perform transactions. Despite offering convenience, hackers have a higher chance of accessing customer’s data. CC checker leads to secure and reliable online transactions. All e-commerce business should conduct CC checker in each and every transaction.