MOTO

Mail and telephone orders have something in common:  the customer is not present at the time of the transaction.

These transactions have a higher possibility of error and fraud because the information regarding the payment is being transmitted by voice, facsimile or mail.

Procedures have been established that reduce the risk of error or fraud.  Adhering to these procedures will reduce your exposure to fraud and actually lower your cost of payment processing. 

In reality the difference in fees charged to a card present and a card not present transaction is small.  A $100.00 transaction may cost only $0.31 more if it is key entered versus being a swiped transaction.

Make sure that you are not being overcharged for these transactions.

Follow our links to Visa and MasterCard’s websites to see the lower fees that are available for card not present transactions.