How you, as a merchant, can prevent fraud in card not present transactions (CNP Transactions) conducted via the Internet or (mobile) phone.
With CNP – or “card not present” – transactions, the seller neither comes face-to-face with the customer nor physically handles the credit or debit card. This is the case, of course, anytime a payment transaction doesn’t take place onsite at your shop.
CNP transactions encompass all online purchases in online shops as well as online bookings paid for with a credit or debit card. This includes payments made over the telephone (yes that still exists for teleshopping or booking a trip, for instance), e-mail, fax and postal orders from a catalog.Read More