Friday, May 11, 2012
Alternative Payment Solutions: 2000Charge® receives Level 1 PCI Compliance Certif...
Alternative Payment Solutions: 2000Charge® receives Level 1 PCI Compliance Certif...: May 2012 - Pasadena, California 2000Charge ® receives Level 1 PCI Compliance Certification 2000Charge, Inc., one of the oldest altern...
2000Charge® receives Level 1 PCI Compliance Certification
May 2012 - Pasadena, California
2000Charge® receives Level 1 PCI Compliance Certification
2000Charge, Inc., one of the oldest alternative payment solution providers in the industry, received its 2012 Level 1 PCI Compliance Certification, which is the highest level of data security protection achievable within the Payment Card Industry (PCI). Since 2006 the company has gone successfully through the rigorous process, and 2000Charge is the only all alternative payment solutions provider that has received the Level 1 certification.
The Payment Card Industry certification outlines the security requirements for transmitting, storing, accessing, or processing data, and is a mandated security initiative for members of the payment card industry including retailers, eCommerce companies, financial institutions, payment processors, POS vendors and any other organizations that must achieve compliance with the PCI Data Security Standards.
The PCI Data Security Standards include requirements for security management, policies, procedures, network architecture, software design and other critical protective measures, and the certification by 2000Charge guarantees that the data of their merchants and their clients is protected at the highest possible level.
Contact: sales@2000charge.com
2000Charge® – the Leader in Alternative Payment Solutions
The PCI Security Standards Council (www.pcisecuritystandards.org) was founded by American Express, MasterCard, Visa, Discover and JCB International, Inc. and created common industry security requirements to which all merchants and service providers who handle credit card data MUST comply with.
2000Charge Inc.
530 South Lake Avenue #303
Pasadena, CA 91101 USA
tel +1.626.585.1814
fax +1.626.585.1849
Chargeback Free Solutions Take Center Stage at 2000Charge®
April, 2012 - Pasadena, California
Chargeback Free Solutions Take Center Stage at 2000Charge®
Alternative Payments company 2000Charge.com reports that chargeback free solutions are becoming increasingly more popular as merchants are looking to minimize their risk. We have found that new clients want payment solutions that do not expose them to financial losses due to chargebacks, while existing clients are seeking methods to lessen or totally eliminate chargebacks.
It is not a surprise that merchants are attracted to chargeback free alternative payment solutions, as it is not only the inconveniences that come with chargebacks, but also the additional fees. Unlike chargeback free solutions, traditional billing solutions often require that reserves are held, sometimes of ten percent or more of sales, which can tie up a significant amount of cash that the business otherwise could have used for cash flow purposes.
Managing and processing chargebacks or any type of reversal can be expensive and time consuming. Often fees are also imposed for non-sufficient funds or invalid transactions and with a chargeback the merchant may have to post funds equal to the transaction amount until the disputed transaction has been resolved, often after a lengthy investigation. Unfortunately, more than often the client is king and the merchant loses out.
In addition to paying penalty fees, merchants also run the risk of losing their merchandise for non-payment. Especially merchants that have high-ticket items or merchants that physically ship product do not wish to run the risk of loss and are adding our risk free solutions. 2000Charge offers an array of chargeback free billing solutions that guarantees the merchant their funds with no reserve requirements.
Contact us at sales@2000charge.com
2000Charge® – the Leader in Alternative Payment Solutions
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