Payment Processing: Batch vs. Real Time

Catalogers recognize this as a relatively new need, since the advent of the Internet has made fraud more prevalent. Indeed, fraud is a continuing and growing problem for merchants, and you may determine that a real-time authorization system will mitigate your catalog’s fraud risk.

* Are exceptions eating away at your productivity? For some merchants, handling authorization “exceptions” has become more of the rule, partly because of increased fraud (see above). Instead of efficiently authorizing a transaction and processing the order, they invest too much time tracking down declined authorizations and jumping through hoops to discern if a transaction is valid after a customer already has hung up or left the Web site.