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Credit card fraud prevention for merchants: Conclusion
Technology has given us many new ways to do business. These advantages
come at a cost. Merchants and consumers are falling victim to fraud more
than ever before. Luckily, there are many ways to combat the increasing
risk of credit card fraud. Experts agree the methods outlined in this
article can be highly effective when used in conjunction with one another.
From common sense to highly intricate technology, the first line of defense
is you.
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):