CVV2 Fraud Prevention Payment Gateways 
Nanonets
OCTOBER 1, 2023
At its most basic, a PSP provides the following services: • Merchant account setup: A PSP will help you set up a merchant account so you can accept online payments. • Payment processing: The PSP will process online payments made by your customers. What types of payments do you need to accept?
Seon
JUNE 21, 2023
Physical credit card holders : Fraudsters may use stolen account details to apply for VCCs, potentially leading to false negative fraud checks when virtual card transactions are made. Multi-use VCCs : With low-friction onboarding, fraudsters may use bots to try and generate cards en masse.
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