What is CVV2/CVC2?
CVV2/CVC2 is a three-digit security code that is printed on the back of most credit cards. The CVV2/CVC2 program is designed to reduce fraud in the card-not-present environment by validating that a genuine Visa/MasterCard credit card is being used during a transaction. What is the Overlimit fee? When you apply for your merchant account, you indicate how much monthly volume you expect to process. As such, your account is approved for that amount and if you go over you may be subject to an overlimit fee. You can avoid the overlimit fee in any given month if you believe your sales will be over the top by calling customer service and letting them know in advance. This encourages merchants to remain proactive in their business and their merchant services. If your sales will continue to be over the limit for the following months, you can simply ask them to bump you up to the next level. There is no penalty for growing your business, again, we just want you to keep aware of your processing. T
