Merchant Account Services

Merchant Account Blog

CyberSource to Buy Authorize.Net

June 19th, 2019

From the press release: Electronic payment company CyberSource Corp. said Monday it will acquire Authorize.Net, a provider of electronic merchant services, for $565 million in cash and stock. Under the terms of the deal, Authorize.Net shareholders will receive 1.1611 shares of CyberSource (nasdaq: CYBS – news – people ) common stock for every share of [...]

Authorize.Net Drops the Ball on International AVS

June 12th, 2019

For merchants who use Authorize.Net to process their online orders if you accept orders from Canada and the UK you may be losing sales due to a flaw in how Authorize.Net handles Address Verification (AVS). (Read the blog entry The AVS Game to learn more about AVS). Apparently if the card issuing bank for a [...]

What exactly is a Third Party Processor?

June 4th, 2019

A common question we see asked online is, “What exactly is a Third Party Processor”? Well, a third party processor allows other businesses to share their merchant account. This means the merchants who shares their account doesn’t have to apply with a merchant account provider. They apply directly with the third party processor. The ramification [...]

Minnesota First State to Make PCI Compliance Law

June 4th, 2019

Not being PCI compliant in the state of Minnesota will now cost you more then your merchant account. Last week the state passed a law that virtually made PCI compliance mandatory for online merchants. The law itself does not directly reference the PCI standards outlined by the major credit card issuers (Visa, MasterCard, American Express, [...]

Authorize.Net adds CAPTCHA to SIM Payment Form

June 1st, 2019

Authorize.Net announced today that they will add a CAPTCHA security image to its Simple Integration Method (SIM) remotely hosted payment form. This security image is designed to verify the party submitting the form is human and not an automated bot. You can see a demo of the new CAPTCHA on the Authorize.Net website. This option [...]