As the e-commerce industry continues to spread worldwide, both merchants and consumers must focus on identity theft prevention. Between 2005 and 2010, credit card data theft increased by 50%, according to the U.S. Department of Justice. Below are some identity theft prevention tips to keep yourself and your customers safe. 1. Secure E-Commerce Websites Merchants…
Tag: fraud protection
Easy Tips to Avoid Friendly Fraud
It can be difficult to stop someone from attempting friendly fraud. However, you can reduce the chances of it resulting in a chargeback by streamlining your process for dealing with these situations so it is less of a burden on your business. Any of the tips below may not have a significant effect when implemented…
Fraud Awareness for Card-Not-Present Transactions
Through technological advances and the increase of computer-savvy hackers, it is more important than ever for e-commerce merchants to enhance their fraud prevention strategies. Just like Visa says, “If the card is not there, you need to be more aware.” There are many simple techniques merchants can implement to help prevent card-not-present fraud. Below is…