Credit card fraud is a serius treat to any online business. Internet scammers have developed many ways to obtain and use credit card information to victimize the cardholder and Internet businesses. The best way to guard against Online Credit Card Fraud is simply to get plenty of information and use it to verify orders. Besides that, here are some tips to prevent Credit Card Fraud:
- Use the Phone to Verify Orders.
- Location of the buyer. Lot’s of scammer come from Nigeria and Indonesia.
- Don’t process credit card orders if the information is incomplete.
- Be wary of unusually large orders.
- Be wary of orders you’re asked to ship express, rush or overnight. This is the shipping of choice for many credit card fraudsters. Call the customer to confirm the order first.
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I just got a notice from my credit card company stating that their had been a security breach, they closed out my card and issued me another one immediately! Good information, Thumbs UP!
Cheers :)
Any feedback from you?