3D Secure – Explained

By M. W. Jahin

3D Secure (Three Domain Secure) is an XML-based protocol designed to be an additional security layer for online credit and debit card transactions. Also known as ‘Payer Authentication’, this service provides fraud liability shift and reduced interchange. As a result, this helps merchants to prevent fraud in transactions. Visa and MasterCard initiated this essential security measurement. And they…

Rolling Reserve – What is that?

By Dennis E.R. Pedersen

A rolling reserve is a chargeback risk prevention tool, and is used with any business model that is deemed high risk of getting them. For the most part bank will set a firm percentage based on the risk involved with the business. Can be 5%-20% of transaction value per month. (10% of 100.000 processed would…

High Risk Industries

By Dennis E.R. Pedersen

What categorizes a merchant as high risk besides MCC codes. It is based on product sold, company location, straight-sale/webshop or recurring, Card not present, if risk for chargebacks is high. Which is most acquirers is above 1% even though some industries are under but still counts as high risk merchants. There are three categories of…