by InnFirst on January 20, 2010
Almost all payment gateways have some form of AVS that is turned on by default. AVS is an anti-fraud tool that checks the billing address entered on the payment form with the billing address registered with the credit card. Address Verification Service is a great tool if you are selling a physical or a virtual [...]
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Continue Readingby InnFirst on January 17, 2010
I was really surprised to learn that some acquiring banks won’t underwrite business from vacation rental managers. Vacation rental owners are ok, but not vacation rental managers. In a nutshell some underwriters simply won’t underwrite any groups that “accept payments on behalf of others”. In credit card lingo, when another party accepts a credit card [...]
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