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To mitigate these risks and secure financial data, pairing your Sage 100 with a secure payment gateway provider with robust security features is key. Fraud prevention measures: Sage credit card processing supports various fraud protection tools, such as AddressVerificationSystem (AVS) , VCC verification, and transaction monitoring.
Different types of payment reversals exist, each with distinct procedures and implications. Address customer complaints and inquiries promptly to resolve potential issues before they escalate. Also, implement fraud detection systems to identify and mitigate suspicious transactions. Why Do Payment Reversals Happen?
Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Fraud Prevention Tools : Use CVV verification , addressverificationsystems (AVS), and machine learning algorithms.
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