Credit Card Fraud Protection

by vctor0987
(canada)

I had been running an online store and suffering from charge backs. These charge backs seemed to be coming in large part due to the fraudulent use of other people's cards and details and not because my store offered poor products or service.

If you aren't aware of this, it is worth knowing that this can cost merchants tens of thousands over the course of a business year. It really is a massive problem. I found a credit card fraud protection and detection solution that is provided by MerchantRMS to online ecommerce companies. Credit card fraud is averted by sending instant alerts to merchants. It has helped to save me from lots of charge backs!

Editor's Comment: Thanks Victor for this. In all honesty, this seems a little too much like an advert for us on this site, but we are aware of just how much fraud goes on online, so we are going to let it pass...

As well as online stores being hit, there is an entire underworld of organisations and gadgets designed to extract money from the Pay Per Click (PPC) and Cost Per Action (CPA) markets.

In short, online fraud is a massive problem. This site really only focuses on the impacts of online theft and fraud as far as it affects individuals. But clearly, there is a huge problem that corporations must deal with as well.