Accept All Major Credit Cards as well as Electronic Checks, Debit Card Payments, and Private Label Gift Cards; processes Non-Cash Transactions for Internet Businesses, Mail – Phone Order Merchants, and Retail Point-of-Sale Merchants, as well as processing Checks and Direct Debits online and by phone with a merchant account.

Internet Processing

Internet Credit Card Processing requires more security and agressive fraud controls than retail credit card processing because the credit card cannot be verified by swiping the credit card like you do with a retail merchant account. For this reason it’s very important to deal with a company that specializes in internet transactions and Internet Merchant Accounts.

An Internet Merchant Account does not require a shopper’s signature and has requirements beyond a typical card-not-present or retail merchant account. If you already have a merchant account, you should verify that the merchant account supports credit card payments over the Internet.

We’ve been setting up Internet Merchant Accounts since 1994 and offer one of the most secure and reliable payment processing gateways on the market with the Fast Charge Payment Gateway^TM. In addition, we also offer a FREE shopping cart solution for your internet processing needs.

Features of the Fast Charge Payment Gateway^TM

• Free Online Virtual Credit Card Processing Terminal
• Free Online Check Processing Set Up
• Free Recurring Billing – Monthly, Quarterly or Annually etc..
• Free Basic Shopping Cart
• Free Fraud Scrubbing
• Free 24 X 7 Toll Free Telephone Support
• Free Sub ID’s and Unlimited Users
• Free Address Verification Service (AVS)
• Free Order Email Receipt to Customer and Merchant
• Free SSL Secured Order Pages
• Free No Equipment or Software Needed
• Free Instant Credit Card Verification
• Free Real-Time Online Reporting
• Free Email Domain Validation
• Free Large Transaction Notification
• Free Negative Credit Card Database for Fraud Detection
• Free High Risk Country and IP Address Blocking
• Free Daily Batching
• Free Batch Processing
• Free Duplicate Transaction Prevention
• Free Brute Force Attack Protection

Free Brute Force Attack Protection is probably one of the most important fraud features for preventing massive credit card fraud. Brute force is when someone tries to verify card account numbers by charging a small amount ($1.00) on a credit card just to verify if a credit card is valid. This FREE feature prevents brute force credit card number attacks and detects consumers who attempt to defraud by use of credit card number pattern attacks even if the transactions are coming from multiple locations or using spoofed IP addresses. You can set the number of times you will accept multiple transactions which will stop the attempts.

Most credit card processing gateways don’t even offer Brute Force Attack Protection but the few that do charge an additional $100 to $500 set up fee and $50 to $300 more per month for this service.

The Fast Charge Payment Gateway™ “Virtual Terminal” takes the place of a credit card terminal or processing software saving you money because you don’t have to purchase or lease the hardware or software. You get all the extra anti-fraud features like address verification, realtime credit card verification and free daily batching.

The Fast Charge Payment Gateway™ “Online Merchant Center” provides merchants with a way to process credit cards from any device with internet access offering multiple credit card payment choices to customers.

As well as offering accurate and timely authorization of customer transactions, Fast Charge Payment Gateway^TM also provides the timely back-end processing necessary to settle transactions including e-mail confirmation for both merchant and customers. With Fast Charge Payment Gateway^TM, funds can be transferred into your merchant bank account within two to three business days. Fast Charge Payment Gateway^TM; has a secure 128 bit SSL environment which is simply the fastest and simplest method for secure payment processing.

AlertPay’s statement on the situation posted yesterday :

“We are currently expericing a large scale DDOS attack that has hit our sites which started at approximately 6:00am EST Sunday.  We are working with our data center to resolve and/or mitigate this issue.  More information will be posted here as we get updates. For the time being customers can connect to AlertPay at an alternate location: https://67.205.87.226″

Several hours later, AlertPay issued an update to the situation :

“We have finally mitigated the massive DDOS attack that started at 6:00am EST.  Unfortunately it took almost all day to resolve.  The site is operational now, and hopefully we’ll continue to tweak it more tomorrow to ensure this doesn’t happen again. We sincerely apologize for the inconvenience and we understand that this outage affects each of you personally.  We’re sorry for that.  We will continue to put measures in place so that outages like this do not occur again.

Ferhan”

There are two possible explanations regarding who’s behind the DDoS attack. It’s either unethical competition which in times of international economic meltdown can easily restore its market position by damaging the reputation and reliability of known competitor, or cybercriminals in “revenge mode” against a particular online payment processor that has detected their fraudulent activity, thereby causing them huge monetary losses. Despite the fact that online payment gateways have always been targets for DDoS extortionists, with malicious attackers introducing new models like the DDoS for hire one, they have empowered literally everyone knowing how to contact them with the opportunity to forward the responsibility for an attack to a third-party. Here’s a brief retrospective of DDoS attacks against online payment processors that took place during the last couple of years, with only a single instance of DDoS extortion :

• 2004 – Worldpay’s DDoS attack
• 2004 – Authorize’s DDoS attack
• 2004 – Authorize-It’s DDoS attack
• 2004 – 2Checkout’s DDoS extortion attack
• 2006 – StormPay’s DDoS attack
• 2008 – LibertyReserve’s DDoS attack

With DDoS extortion as a business model largely replaced by today’s DDoS for hire services, we’re inevitably going to witness more attacks throughout 2009.

Source : zdnet

Yesterday LR announced to offer a debit card soltuion for all Liberty Reserve account holders before the end of this year .

LR are currently working on a design of the debit card itself and copyright materials. Also the have allocated separate customer support just for the debit card to ensure that all your concerns are addresses properly.