Code 10 Authorization for Risk Management
There are numerous risk management solutions that can help prevent fraud and unnecessary monetary loss for any business. In today's increasingly electronic business world, keeping credit card and customer information confidential is vital. Fraud can happen anywhere; whether you sell goods over the internet or phone, or have face-to-face transactions with your customers. “Code 10” is a simple way to detect suspicious activity just by answering a series of yes/no questions to verify the cardholder’s information. By following a few simple tips and guidelines, you can manage your risks and detect fraudulent activity before it gets out of hand.
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There are many types of business environments; and in order to accommodate all of them, Elavon supports a variety of Business Applications, including:
- Retail - Retail applications quickly, efficiently and safely process transactions in a face-to-face environment. Whether you have a clothing store or are a doctor's office, we have the correct business application to suit your needs. Our retail solutions will work in a single merchant or a multi-merchant environment.
- Restaurant - Need to track sales by server or accept gratuities? Want to open "tabs" for your lounge customers? Our restaurant applications offer a wide array of features and reports that are targeted specifically to the restaurant industry.
- Mail Order / Telephone Order (MO/TO) - MO/TO applications are designed with features that enable you to better manage the risks associated with Mail and Telephone Order transactions. Features such as Address Verification Service and CVV2/CID Verification allow you to better manage the risks associated with these types of businesses.
- Internet (eCommerce) - Business conducted over the Internet continues to grow. We have solutions to ensure that your e-Commerce transactions are being processed in a secure environment. Make sure you are protecting your customers and yourself by using only the properly encrypted products that are certified as secure by our network.