Why would merchants offer Net Account as a payment option instead of credit cards?
With the high cost of online ID theft and fraud, merchants will realize a substantial reduction in exception processing (credit card chargebacks) and qualify for lower merchant processing fees by offering customers to utilize a more secure fraud-free payment option. Today, merchants are getting hit with the highest credit card fees because of what the credit card companies refer to as “card not present” transactions over the Internet. The unique Net Account security will provide the right solution at the right time for online merchants.
