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Regulatory bodies such as the FCC and FTC, enforce server penalties on businesses or individuals that conduct unauthorized changes to the accounts of customers. Third Party Verification companies offer a standard 3rd party verification service that is carried out by businesses who deal with electronic payments of any kind.
While many company’s employ vocal third party processing telephone verification service, it is not mandatory however. This immediate telephone verification access to undisputable proof of the client confirming his/her request is used to quickly put to rest any disputes between a company and a consumer. This process of TPV records any transactions (including merchant accounts credit card transactions) taking place between the call center agent and the consumer. The call center agent has to confirm that the offer is unequivocally accepted by the consumer, before any alterations or changes are processed.
A customer who hears their own voice through telephone verification, confirming to any transaction is very useful in any dispute. The verbal confirmation recording of the customer can save you valuable money in legal fees, potential fines, and of course, time in court.
A customer claiming that they did not request the product or change in service puts the burden of proof on your company to prove that they did agree to any credit card transaction or payment.
InSO - Third Party Verification Company
With the very strict laws governed by the FCC and FTC, all orders over the phone have to be recorded for the protection of your business. At InSO we will provide you with the best solution possible and the most cost effective and customer friendly third party verification service.
At InSO we make Third Party Verification simple by:
If you record your calls, our 3rd party verification company system can maintain your compliance with the law, without hurting your company’s brand image.
How Does our Third Party Verification Work?
So Why Use our Third Party Verification Services?
InSO (International Services Outsourcing) can provide you with a professional cost effective solution to your third party verification services needs. For more information on our third party processing services you can phone our friendly team on this number (800) 788-8299 or you can click here for a free quote on our 3rd party verification solutions.
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