How To Handle Credit Card Catastrophes: Fraud, Data Breaches, Poor Payment Processing
Tactics for dealing with three major issues: card fraud, data breaches, and coping with a bad card data processor.
Credit card transactions have topped three and a third TRILLION dollars. With that volume, even a tiny percent of misfires create problems on the order of hundreds of millions of dollars. Companies that depend on card transactions, especially those who depend on recurring payments, need to be proactive in preparing for pitfalls.
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