Are you a high-risk merchant? Are you faced with online threats? How can you fight them? How can you get easily approved for merchant services, including a gateway account? This article will give answers to your questions.
Online Threats for High-Risk Merchants
Merchants, especially those who are high risk, are very often confronted with online threats. No matter you’re an eCommerce or a brick-and-mortar business owner, you should take the necessary steps to protect your business from online threats.
Let’s take debit card fraud. It’s real and it’s going on all the time. Though EMV technology and consumer preference of credit cards over their debit cards are contributing to lower fraud numbers, debit card fraud doesn’t stop being a real threat.
All merchants should never forget that their sensitive data is consistently under attack. Data such as customer credit card information can be sold via rogue websites. Moreover, personal information, specifically bank account numbers, and social security numbers can also become a target for online data thieves.
Of course, hackers aren’t the only threat to merchants. Customer reviews can play a damaging role as well.
With all this in mind, it’s too important to turn to a reliable and experienced payment processor. Only this way you can get approved for the right merchant services, including a gateway account. Work with a reputable comparison company to find the true professional in the field.
How Can High-Risk Merchants UK Fight Online Threats?
Online data breaches can occur to any merchant, even to major retailers. Are you a high-risk merchant? How are you going to protect yourself in the current climate? Small business merchants should follow the following steps:
- Outsource your payment platform
- Become PCI DSS compliant or follow the Payment Card Industry Data Security Standard
- Invest in and implement a web application firewall
As you see, though online threat is real and can hurt any merchant, you can take the right measures to protect yourself. Working with a reliable and secure processor is of vital importance. Just turn to a respectable payments expert that can help you find the right merchant services tailored to your own business wants and needs.
Author Bio: Payment industry expert Taylor Cole is a passionate merchant account expert who understands the complicated world of accepting credit and debit cards at your business. His understanding of the industry has helped thousands of business owners save money and time and get easily approved for a gateway account.