Close this Window


Press Releases

10 Ways to Protect Yourself While Shopping Online this Season
  

Politicians take fundraising online-part of a grassroots effort to reach out directly to supporters
  

InternetSecure Merchants Experience the Lowest Chargeback Rate in Industry
  

Verified by Visa - InternetSecure First in Canada to Protect ALL Merchants with No Software Required!
  

InternetSecure Named one of Canada's Fastest Growing Companies (2 years running)
  

Privacy legislation and compliance - InternetSecure protects customers and merchants
  

InternetSecure Adds US Dollar American Express
  

Introducing CVV2 - Free New Security Feature!
  

InternetSecure Inc. is the first Internet Payment Provider in the World to earn the WebTrust Seal
  

Profit Magazine Ranks InternetSecure Among Canada's Fastest Growing Companies
  

Levelling the e-commerce playing field - InternetSecure Featured in Scotia VAQ Spring 2002
  

InternetSecure Announces On-line Smart Chip Card Acceptance for Canadian Merchants
  

Discover Credit Card Offered By InternetSecure
  

Cips Toronto Partners With InternetSecure To Offer E-Commerce On Its Website

 

InternetSecure Merchants Experience the Lowest Fraud Rate in the Industry

Internet-based businesses have long been at greater financial risk simply because the nature of their business necessitates payment in a non-face-to-face environment.

For 8 years, businesses using InternetSecure's services have benefited from the fraud detection and risk management features that InternetSecure provides.

For InternetSecure clients that fraud rate has never been lower! Combine ongoing security features with the latest initiatives such as Verified by Visa and businesses using InternetSecure's services experience less than 1/10th of a percent (0.10%) "chargeback" rate. This compares to industry fraud rates as high as 4% to 15%!

That means 80% of the businesses we service, will NEVER receive a chargeback. For about 20%, they may only see 1 chargeback in the entire lifecycle of their business. Even then, InternetSecure works with the merchant to defend the chargeback with the goal of reversal.

What is a chargeback?
A chargeback occurs when a customer contacts the financial institution that issued their credit card to dispute a charge to that card. The bank then issues a chargeback (sometimes in the form of a "clear copy request") which means that the funds for the sale are deducted from the merchant's bank account. The business does have the opportunity to defend the chargeback, but until recently it was very difficult for businesses doing non-face-to-face transactions.
InternetSecure's fraud detection and risk management features, including Verified by Visa for all merchants, minimizes the risk of chargebacks for businesses conducting non-face-to-face transactions.

© Copyright InternetSecure 2008. All rights reserved.