Card-not-presentA merchant environment where the cardholder (and the card) is not physically present at the time of purchase. Typical card-not-present transactions take place in businesses focused on mail order/telephone order, business-to-business, and Internet-based transactions.... aficionado and longtime payments professional brings e-commerce expertise to NMA
TEMECULA, Calif. – December 10, 2018 — National Merchants Association (NMA) – a merchantA business that accepts credit cards for goods or services. advocacy group and innovative merchantA business that accepts credit cards for goods or services. services provided – has named Barry Prentice as Vice President of Risk and Underwriting. Prentice brings more than 15 years of payments experience to his role at NMA and has extensive card-not-presentA merchant environment where the cardholder (and the card) is not physically present at the time of purchase. Typical card-not-present transactions take place in businesses focused on mail order/telephone order, business-to-business, and Internet-based transactions.... expertise.
In his new role, Prentice is responsible for leading the risk and underwriting departments – making crucial credit and compliance decisions on high-risk and high-volume accounts, as well as developing and maintaining internal policies for risk mitigation.
“It’s an honor to join NMA – a company that has served as a pioneer in the high-risk space – during this pivotal time in the industry,” says Prentice. “Working for National Merchants Association is a privilege and I am eager to contribute to moving the payments industry forward through NMA’s High RiskA merchant that is considered a high risk based upon the credit, product, method, ticket size or volume. Examples of high risk merchants are telemarketing, adult and travel related industries. Done Right® approach to merchantA business that accepts credit cards for goods or services. services.”
In addition to leading a few of NMA’s most dynamic teams, Prentice will also oversee NMA’s exclusive partnership with Fraud Wrangler™– an innovative technology company offering a proprietary risk mitigation solution that helps merchants reduce fraud and prevent chargebacks. This groundbreaking platform, which boasts chargebackThe act of reversing a sale made by the merchant. This can happen for many reasons including procedural and fraud. The process usually begins with a dispute from the cardholder. interception, representment and a number of other features, is an industry game changer.
Prentice will also oversee NMA’s merchantA business that accepts credit cards for goods or services. account optimization processes to ensure that accounts are approved quickly, and MIDs remain alive and healthy longer.
Prentice is a leader in the e-commerce space, a member of the MerchantA business that accepts credit cards for goods or services. Acquirers’ Committee, and an Electronic Transactions Association (ETA) Certified Payments Professional.
For more information on NMA’s risk mitigation solutions and/or where leaders like Prentice and fellow members of our executive team fall in the payments ecosystem, please visit www.NationalMerchants.com.
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About National Merchants Association
National Merchants Association is a global leader in merchantA business that accepts credit cards for goods or services. payment processing services and is dedicated to helping merchants and agent partners grow their businesses by generating sales opportunities and maximizing profits. Ranked for the third year in a row among the Inc. 5000 fastest-growing private companies, National Merchants Association owes much of its success to its strong commitment to advocacy. NMA works for agents to create a pro-businesses payments environment and for merchants to eliminate the unnecessary and unreasonable fees associated with accepting electronic transactions. Visit www.NationalMerchants.com or call (866) 509-7199 for more information.