Author: UniBul

Card account updaters enable merchants processing recurring payments to automatically update cardholder account information they have on file....

Merchants are responsible for verifying the validity of each card they accept. Processing unverified cards can lead to fraudulent transactions....

Fraud scoring is a system of predictive fraud detection models that processors use to identify the highest-risk transactions for additional verification....

Code 10 is an authorization call that card-present merchants should make to alert card issuers to a suspicious activity - without alerting the customer....

Reserve is a percentage of a merchant's sales, retained by the processor as a protection against future exposure or to cover existing chargebacks....