- One of the largest risks online merchants face is credit card fraud. Internet fraud costs merchants more than two billion dollars, every year and as fraud continues to skyrocket, that number steadily improves as well.
1.Phone the Credit Card Business - when you have any feelings regarding the order or must verify some details on the order, call the issuing charge card company to confirm the card being used or isn't stolen.
2. When in Doubt, Request More Information - In Case you come across an order that appears funny or the advice supplied simply is not adding up, request more information from the customer. Telephone them on the phone to possess them support their contact information or request to get them fax or e-mail a copy of photograph I.D.
3. Check the IP Address - An IP address can show the exact geographic location of the computer from which a purchase is made. Examine the IP address against the billing address provided by an order.
4. Be Skeptical of High Risk States - In the world of e-commerce, specific states are known as "high risk" countries because a high speed of online fraud originates from them. Such countries include Malaysia, Nigeria, Russia, and Turkey, simply to name a few. Check international orders to see if they originate from a high-risk nation.
5.Post Simply To Physical Addresses - While online fraudsters desire to remain untraceable, they need to accumulate the products they order. Afterwards, they may use public P.O. boxes or boat-forwarding services, which enables the receiver to stay anonymous.
6. Require Phone Numbers - Need phone numbers with telephone and each order to verify they can be valid.
7. If your customer supplies such an email, check other factors such as billing and shipping addresses and the consumer 's phone number to determine if the order might be deceptive.