The Benefits of Network Tokenization
Discover the certifications that a payment security solution should have, what makes them important, and what to look for when choosing a partner.
What Certifications Should a Payment Security Solution Have?
Discover the certifications that a payment security solution should have, what makes them important, and what to look for when choosing a partner.
Reduce Chargebacks With These 10 Tips
Want to learn how to reduce chargebacks in your business? Read these 10 tips from PCI Booking to optimize your payment handling.
Cutting Through the Confusion: Payment Authorization vs. Payment Settlement
Making payments easier and more secure is a key goal of any business. To facilitate this, many businesses employ third-party payment processors to handle payments through methods like credit and debit cards. Authorization rate is a metric used to measure the success of these payment processes, and it can be improved by leveraging multiprocessor solutions. In this article, we’ll discuss what an authorization rate in payments is and the potential limitations of using one payment processor, as well as the benefits of multi-processor solutions and how they can increase your business's value. What Is a Payment Authorization Rate? A payment authorization rate is the percentage of payments that are successfully processed and accepted by a payment processor. This figure is one of the most important…
The Importance of 3DS Verification
Do you allow your customers to purchase products or services online? If so, your business is vulnerable to fraudulent transactions, chargebacks, refunds, and more. Credit card fraud is becoming extremely common—in fact, 2022’s global losses from fraudulent card transactions are a staggering $34.4 billion. As fraud techniques become increasingly sophisticated, this number is expected to increase to approximately $50 billion by 2030. Want to guarantee that all of your card-not-present transactions are legitimate? Our 3D Secure (3DS) Credit Card Authentication model may be for you! Keep reading to learn more about 3DS verification, how it works, and why it may be right for your business. Key Points 3D Secure (3DS) credit card authentication is a security protocol that prevents fraud in card-not-present transactions. 3DS authentication…