In an article published by Forbes Magazine on 12/03/09, the U.S. Senate is reported to have grilled the three credit card companies regarding their practices and policies about post transaction fraud.

http://www.forbes.com/2009/12/03/visa-mastercard-rockefeller-technology-security-scams.html?partner=alerts

"Sen. John D. Rockefeller, D. W.Va., wants to turn the spotlight on an often overlooked participant in some of the Web's shadiest schemes: credit card companies.

In an open letter sent Thursday to Visa ( V - news - people ), MasterCard ( MA - news - people ) and American Express ( AXP - news - people ), Rockefeller demanded that the companies provide information on the safeguards they have in place to prevent and respond to the hidden fees charged by a small group of grey market companies that make misleading offers to consumers on hundreds of seemingly reputable e-commerce sites."

Although we provide integration with a variety of transaction gateways, we try to encourage our Customers to mostly use PayPal because of their security measures built into their operations. Your Customers never give their CC information to anyone other than PayPal for any transaction they conduct through the PayPal system with vendors that accept PayPal.

Vendors can tout that their Customers have absolutely no need to worry about the security of their CC information. This will become one of the more strong selling points for vendors to their Customers in the coming years; as eCommerce grows to its projected velocity.

All companies listed in the U.S. Senate's investigation are companies that take CC information from their Customers directly. Pretty soon, any site that asks for a Customer's CC information will automatically raise a red flag in the Consumer's mind.

Better get that PayPal account registered!