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In these cases, you may send your card over its limit.
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A More Efficient Payment Technology for Merchants Business owners can implement Jumio's Netswipe service into their payment process to reduce fraud and increase sales due to a heightened user experience.
"During our pilot phase, we have conducted a customer survey with a focus group who have used Netswipe.
The reasons why your credit card gets rejected for online purchases generally are technology-related, somewhere along all the pinging and ponging of signals from one computer to another. First, however, be aware that most systems are pretty attuned to online gambling and other illegal transactions at this point.
No snapshot image is being taken, no data is stored on the computer that is used for the payment.
We believe everyone should be able to make financial decisions with confidence. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. " There are few things more vexing than entering all your credit card info to purchase something online, only to have your credit card rejected. In other cases, you’ll get accepted but immediately get a call from your card’s security department asking if the charge is legitimate.
We’re on your side, even if it means we don’t make a cent. If you are trying to charge a gambling deposit, you may find your credit card rejected.
Jump past the break for the full press release, along with video overviews of Netswipe and Jumio, which recently secured .5 million in initial funding and is backed by Facebook co-founder Eduardo Saverin.
Jumio Turns Any Webcam into a Credit Card Reader, Creating the World's Most Secure Way to Pay Online Company Launches Patented Netswipe Solution to Reduce Fraud for Merchants; Makes Online and Mobile Payments Easier and More Secure than Ever MOUNTAIN VIEW, CA – JULY 26, 2011 - Payment company Jumio today unveiled a new technology solution for businesses to increase security and ease of use for online and mobile credit card payments.