What is Card Testing?When we say Card Testing, we mean just that – someone is using your website to test out a series of card numbers to see which ones are good, and can be used to make other purchases. These card numbers are likely stolen, or purchased on the [...]
The MATCH List Let's get the acronym out of the way: MATCH stands for Member Alert to Control High-Risk. It was created and is managed by MasterCard as a means of compiling information on businesses, and their owners, whose credit card processing privileges have been terminated. This database is then [...]
Credit card tokenization is the process of completely removing sensitive data from a company’s internal network by replacing it with a randomly generated, unique placeholder called a token. For instance, if a card number was 1234 5678 8765 4321, it would end up looking something like E67TY8GQ27X. This token is [...]
Credit card encryption is a set of security measures put into place that drastically reduces the chances of private and valuable card information being subject to theft, which include the card itself, the terminal where the card is scanned, and the transmission of information between that terminal and its system’s [...]
Address Verification is a very important step in any card-not-present sale. Whenever you accept a card without physically seeing the card, you inherently run a much higher risk of accepting a fraudulent card. As a merchant, you want to do everything in your power to reduce that risk. There are [...]
EMV stands for Euro-Mastercard-VisaIt’s a technology also referred to as “chip cards” and is currently widely used across the globe, originating in Europe over ten years ago. Instead of using the standard, magnetic stripe card to store credit card information, EMV technology allows for the sensitive credit card data to be stored [...]
It’s a reasonable question – and a good one to ask. Consider credit cards like any other form of payment. All payment forms carry an inherent risk. Someone can pay you by check, but the check can bounce. You can accept cash, but your store can be broken into or [...]
OK, you’ve found something fishy in your Authorize.net gateway. There are a few steps you can take to immediately stop further damage. Notify Dharma, at 866-615-5157. If the testing is happening NOW, you can put your account in “TEST MODE” to prevent transactions from processing. To do so: Log into [...]
Chargebacks and retrievals are both related to customer disputes of a credit card transaction. A retrieval takes places when a customer’s issuing bank formally requests specific information from you, the merchant or us, the acquiring bank. Retrievals are $5 each. They’re relatively rare, but often times a retrieval will come in the [...]
Your account parameters define your merchant account with Dharma. We have to build a “profile” for your business, so that we can look out for anomalies like fraud, accidental processing, and theft. It’s important that we understand how your business operates, so that we can spot trends or patterns in [...]