Navigation
Credit card fraud prevention for merchants: Adhere to guidelines
Credit card companies and payment processors both provide guidelines
for their merchants. Businesses are commonly shut down when they don’t
abide by the rules that are be described in this article. Fraudulent activity
must be reported immediately. Even if the merchant is just suspicious,
it’s best to contact the card issuer. It can greatly reduce the
size of the chargeback.
General
Guidelines for fraud prevention
Credit card fraud prevention tips (researching
the customer):
- International Orders
- Quantity and Frequency
- Addresses
- Common Sense
- Free E-mail Accounts
- Legitimate Domains
Precautionary Methods (from Merchant Side):