My Merchant Account Blog

The Quantum Gateway

Tuesday, August 11, 2009

There are many different gateways being offered by merchant account providers today.  Most offer a few security features, starting from Address Verification Service (AVS) and CAV2 / CVC2 / CID / CVV2.  Unfortunately these are very archaic but still required by the providers and card associations as the first steps in preventing online fraud.

Probably one of the gateways that has been lacking in keeping up-to-date is the LinkPoint Gateway (also known as the First Data Global Gateway).  They renamed it sometime last year but unfortunately did nothing to upgrade its services.  A few years ago, they even rebuilt the gateway from scratch, but neglected to add any fraud prevention tools.

The Quantum Gateway is offered by CDGCommerce.  In addition to AVS and CAV2 / CVC2 / CID / CVV2 tools, it also incorporates other fraud prevention techniques at no extra charge to help the merchant reduce fraud and chargebacks.  This will save the merchant those extra fees usually imposed my merchant account providers/ gateways and fees from chargebacks, and the loss of money and time that it takes to fight those chargebacks.

Extra Fraud Prevention Tools at No Charge

Usually when the merchant decides to add extra fraud prevention, he has to purchase those tools and then pay a developer to integrate them in the checkout process.  However, these tools are built into the Quantum Gateway, making it easier than ever to add them to the checkout process.  All the merchant needs to do is to integrate the Quantum Gateway into their shopping cart and activate the extra fraud prevention tools into the virtual terminal - the Quantum Gateway will handle the rest.

One of the tools is from MaxMind, which includes Geographical IP address location checking, Proxy checking, (Free) E-Mail and Login Checks, Issuing BIN (Bank Identification Number Checks), Address and Phone Number Checks, and Fraud / Risk Scoring.  Even before the transaction hits the gateway, these checks are done - saving you that transaction charge.

Another vetting / scrub technique is DialVerify - this feature will actually call your customer, asking him to enter the code that appears on the screen, up to ten digits.  You can also upload your own recording.  This helps to verify the phone number, saving you time if you call your customers to verify the order.

And unlike most other providers, Verified by Visa / MasterCard Secure Code (VBV / MSC) is free. 

Other Value Added Services

Other fantastic services offered by the Quantum Gateway include batch processing, a virtual terminal, access to the virtual terminal via a handheld device (that can access the Internet), and a toll-free number to charge your customers if you do not have access to the Internet (10¢ per minute).

Recurring Billing

Recurring Billing is another free option offered by the Quantum Gateway.  This feature can be automatic - allowing the gateway to process credit card transactions at the interval you set.  If your fees change weekly or monthly, you can use the QuantumVault.  This will store the credit card securely in the Quantum Gateway, and you can charge the proper amount via batch processing, the virtual terminal, or through your web application at no charge. 

If you have varying amounts, you might be charging the credit card monthly, but storing the credit card in your web application / database.  You know this is very dangerous and if you have a breach, that data might be compromised.  The Quantum Gateway takes this into consideration, helping the merchant collect his money while protecting the customer's credit card data.

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