How Safe Is It Processing Credit Card Transactions Over The Internet?

Submitted by: Jayden Smith

This questions has been asked time and time again. The reality is that merchants are very skeptical about processing credit cards over the internet because for the most part, many merchants have not interfaced with the credit card process often enough to feel comfortable. The feeling is that when entering a card into someone else’s website, that in fact you are giving them free reign to be able to process your credit card whenever they like. The reality here is much different.

Service merchant accounts really have a bad name for themselves and there really isn’t a valid reason why. The fraud departments within the processing companies have gone above and beyond to ensure that these transactions are completely hidden offline from any website and have gone to great lengths to make sure that the transactions are encrypted with code that is long enough where hacking attempts would need a full week to be able to decipher what really took place. These processing companies have over compensated / over protected their servers to be able to run secure socket layer or SSL certificates over the net. They have active hacking teams in-house that organize and pose ongoing threats to the network, passwords, and server. The security of these transactions are in the national security interest of the country and therefore are overseen by the Federal Trade Commission to make sure all holes are patched and threats are mitigated.

[youtube]http://www.youtube.com/watch?v=ukaahh5JpoE[/youtube]

One of the largest most secure networks in the world is Paypal. Paypal currently processes close to 1 million transactions per day partly because of its affiliate Ebay network. The amount of volume running through the online networks is staggering. Financial cryptography is dare we say even more secure than most banking networks based upon the sheer amount of demand there is for the service.

CCMP is another merchant account service company that is processing credit cards into the millions of transactions per year online. The company URL is www.creditcardmerchantprocessor.com for those that are interested in setting up an arrangement with them for a merchant services account. They currently have one of the most secure networks on the planet next to mighty Paypal and invite any hacking teams in to test their networks to see if the database can possibly be cracked or infiltrated. CCMP has been around since 2005 and will continue to process credit card volume into the hundreds of thousands of dollars online. We think it is safe to say that these companies have a firm grip on safety when it comes to processing credit cards online.

One of the largest most secure networks in the world is Paypal. Paypal currently processes close to 1 million transactions per day partly because of its affiliate Ebay network. The amount of volume running through the online networks is staggering. Financial cryptography is dare we say even more secure than most banking networks based upon the sheer amount of demand there is for the service. This questions has been asked time and time again. The reality is that merchants are very skeptical about processing credit cards over the internet because for the most part, many merchants have not interfaced with the credit card process often enough to feel comfortable. The feeling is that when entering a card into someone else’s website, that in fact you are giving them free reign to be able to process your credit card whenever they like. The reality here is much different.

About the Author: Jayden Smith is an expert author associated with

creditcardmerchantprocessor.com

. To know more about and processing credit cards ,card merchant, Credit card merchant processor, credit card merchant processors,credit card process, credit cards processing.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=973232&ca=Business