Standard Payments currently provides MatchNet with Visa, MasterCard, Discover and American Express card authorization and settlement processing services. BIN Blocking is a fraud prevention service that permits the establishment of unique business rules to allow or deny by BIN (Bank Identification Number), or by country or by combinations of both. Because the merchant holds liability for fraud-related chargebacks in the card-not-present payments acceptance environment, BIN blocking is a valuable risk mitigation and chargeback reduction tool.
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