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Navigating CNP Payments and Fraud Risk

Comprehensive Guide Helps Merchants Navigate CNP Payments With Information on Industry Standards and Best Practices

LOS ANGELES, CA–(Marketwired – May 29, 2014) – Verifi Inc., a leading provider of global electronic payment and risk management solutions for card-not-present merchants, has recently announced the release of a comprehensive e-book entitled “What Every Card Not Present Merchant Should Know: Navigating Today’s Challenging Payments Ecosystem.”
Merchants of all sizes encounter obstacles to cost-effective and efficient CNP payments. Chargebacks — just one sliver of the payments pie — cost merchants $40-$80 billion dollars per year. With so much money at stake, merchants have a vested interest in staying on top of payment trends and adhering to industry guidelines and regulations for processing card-not-present transactions.
The ebook is now available to the public. Sections include the basics of payment processing, fraud prevention, chargeback challenges, and strategies for customer retention. Each chapter offers an in-depth look at a variety of current CNP payment issues, including interchange rates, compliance, fraud solutions, chargebacks, churn, and others.
“Accepting payment cards requires a level of due diligence along every step in the card-not-present transaction lifecycle. Verifi produced this ebook to help merchants navigate the entire spectrum of CNP payments, from preventing fraud and chargebacks, to reducing card declines,” said Matthew Katz, Verifi’s founder and CEO. “The bottom line is protecting and reclaiming revenue. In addition to regulatory guidelines, merchants require tailored solutions and guidance on processing and optimizing transaction processing. The goal of this ebook is to help merchants understand the total cost of payment card acceptance and how to optimize their own payment operation through best practices and knowledge of industry standards.”
Within the CNP payments space, regulations and best practices change very quickly. Verifi has written this book for use as a primer to the most comprehensive, up-to-date information currently available.
Click here to download a copy of the Ebook.
About Verifi
Verifi, an award-winning provider of end-to-end payment protection and management solutions, was founded in 2005 to help our clients effectively manage the payments challenges they face every day. Verifi helps merchants safely process paymentscombat fraud, prevent and resolve costly chargebacks, as well as increase billings and keep loyal customers. Our best-in-breed solutions and white glove support are trusted by a wide range of industries from emerging companies to the Fortune 500. Headquartered in Los Angeles, California, we process more than $20 billion transactions annually and currently serve more than 12,000 accounts globally. For more information, visit:www.verifi.com.
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