| Security code
(CVV2)
processing for credit card fraud prevention |
 |
Security codes are
the extra digits that exist only on the back
of credit cards. Verifying the security |
| |
code helps ensure
that a credit card number was not stolen as
the customer must have the |
| |
physical credit
card in front of them to supply the code. |
|
Using security codes
normally results in lower processing fees
from your merchant account |
| |
provider. |
|
|
| Business software
allows “Level 2” purchase cards
for better processing rates |
|
Purchase cards are
corporate credit cards which require additional
information to be sent to your |
| |
processor such as
the PO # for the transaction as well as the
tax amount. |
|
Sending the additional
information will normally result in lower
processing fees from your |
| |
merchant account
provider. |
