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Merchant Accounts: Resources



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Resources for merchant accounts, merchant services, credit card Processing and merchants that accept credit cards.

Below are links to resources you can use to educate yourself on all aspects of obtaining and maintaining a high quality merchant account.  Before you accept credit cards, get educated on all the things you should know.  

Chargebacks

You should know exactly what a chargeback is and how to avoid getting a chargeback on your merchant account.

Address Verification Services

Also referred to AVS. Address Verification Services are very important to internet merchant accounts, mail/phone merchants and credit card processing in a card not present environment.

CVV/CVC

Visa, MasterCard and American Express all offer additional means to validate that the customer has the credit card in their possession.  Merchant that accept credit cards over the internet should always perform a CVV validation and find out how by contacting their merchant account or merchant service provider. 

MATCH or Terminated Merchant File

The MATCH File is a database file, previously and most commonly known as the Terminated Merchant File "TMF." It is maintained by MasterCard International and is the way by which MasterCard and Visa acquiring banks identify merchants, and the principals, which have been terminated for specific reasons. 

Gift and Loyalty Card Programs

Merchant Accounts with Gift cards and stored value cards are having great success.  Both are pre-paid value cards, but with the Stored Value card, an emphasis is placed on the individual customer relationship with the merchant through the use of incentives or other types of awards programs.  You process these cards just like your other credit card processing items. 

Check 21

Will Check 21 have an effect on your merchant accounts and credit card processing?  What are the advantages to remote capture and your merchant account?. 

Check 21 Terms

Check 21 has introduced everyone to some new terminology. 

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