Study Guide
Table Of Contents
- PayPal Certified Developer Program Study Guide
- Contents
- List of Tables
- Online Payment Processing
- Internet Security and Fraud Prevention
- Why Every Business Should Be Concerned About Internet Fraud
- Liability for Internet Fraud
- Internet Fraud: What It Is and How It Happens
- Who Is at Risk for Online Fraud
- Reducing Exposure to Fraud
- What Banks and Card Associations Are Doing to Prevent Online Credit Card Fraud
- What PayPal Is Doing to Protect Your Business Against Fraud
- Disclosure and Compliance
- PayPal Fraud Protection Services
- Review Questions
- Getting Started With Account Setup
- API Credentials
- Name-Value Pair (NVP) API
- Express Checkout
- Direct Payment API
- Transactions
- Sandbox Testing
- Answers to Review Questions
- General Reference Information
- Glossary
- Index
Internet Security and Fraud Prevention
PayPal Fraud Protection Services
2
34 March 2008 PayPal Certified Developer Program Study Guide
PayPal Fraud Protection Services
Protecting your business against the consequences of even a single fraud attempt requires a
significant time commitment and ties up valuable resources. PayPal has designed its suite of
Fraud Protection Services based on merchant feedback and the needs of the online business
community. Our solution not only gives you added protection against credit card fraud, cash
fraud, and hacking attempts, but it also allows you to manage all these features quickly and
easily with a single, intuitive interface.
Each PayPal Payflow Gateway solution includes standard antifraud features:
z Card security code. A three- or four-digit number printed on the physical card, which a
customer provides to you at checkout.
z Address verification system (AVS). A system that verifies the credit card holder’s
personal address and billing information.
Each Fraud Protection service also offers a Buyer Authentication upgrade option that
seamlessly integrates an advanced antifraud feature that allows credit card holders to submit a
special password directly to their card-issuing bank during a transaction. Buyer Authentication
provides essential merchant liability protection against fraudulent credit card transactions.
Detailed Service Descriptions
Basic Fraud Protection Service
Basic Fraud Protection Service is the ideal solution for merchants who process low transaction
volumes through a Payflow payment gateway. It offers industry-leading security technology at
an affordable price and lets your business:
z Maximize liability protection. Meet credit card company standards for address
verification and card security codes.
TABLE 2.5 Fraud Protection Services Purchase Options
Service Merchant Type Key Benefits
Package Options
Basic Designed for merchants with low
transaction volume
Maximum ease and convenience
Advanced Designed for merchants with mid- to
high-level transaction volumes
Maximum customization and protection
Upgrade Options
Account Monitoring All merchants Account activity monitoring seven days a
week
Buyer Authentication All merchants Card association liability protection for
authenticated shoppers