Results for tag: "Card Not Present"

The Card Not Present (CNP) market is a segment of the credit card industry that involves transactions where the cardholder is not physically present. This type of transaction is typically conducted online, over the phone, or through mail order. CNP transactions are more vulnerable to fraud than traditional card-present transactions, as the cardholder’s identity is not verified. To mitigate this risk, CNP merchants must use additional security measures such as Address Verification Service (AVS) and Card Verification Value (CVV). CNP transactions are becoming increasingly popular as more consumers shop online. This has led to the emergence of a number of companies that specialize in providing CNP payment solutions. Examples of such companies include Stripe, PayPal, Square, and Adyen. These companies provide merchants with the tools and services they need to securely process CNP payments. Show Less Read more