10 Ways to prevent online credit card fraud

Every year fraudulent credit card purchases online retailers costs millions of dollars. Without the benefit of assessing a customer and additional identification in person can request it harder, fraudulent charges must be made online be a correct identification. However their can clearly fraud with risk reduction strategies with a little extra effort, online merchants.

(1) If the delivery address does not have the billing address, call the customer directly to the order confirm first of all, if the listed ship-to address of the country.

2. Always require a valid phone number on orders and ensure you, that is the area code of the number of the billing address. Drag the customer calling the number confirm into account.

3. Be suspicious atypical orders, such as unusually large orders or orders for an exceptionally high amount of the same article. If an order suspect seems to determine whether the order is fraud search for you a little more.

4. Other transactions include orders with multiple credit cards purchased, but shipped guard an address. Or multiple orders with the same credit card within a short time.

5. Check the IP address of the customer of the order their position determined. Be careful of international payments , which come from "with high risk" countries or regions, for their high rate of fraud, including Nigeria, Turkey, Lithuania and Russia are known.

6. Scammers will often not more found use email addresses from free Web-based services. Ask the client to an ISP or domain-based e-Mail address, which can be traced back to their location.

7. Use the Address Verification Service (from the most payment processors) shall ensure that the information of a customer the information matches, the Bank that issued the card. Many payment gateways have also a wide range of other fraud prevention tools that you can use to minimize your risk.

(8) When in doubt, call the customer and ask the customers fax a copy of driver's license or passport to authenticate their identity.

9. Make your anti-fraud policy visible on your site and potential scammers to warn, that they fully of the law if the location be tracked fraudulent orders on your website.

10. You can call the issuing bank before authorizing the order.

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Posted in: Credit,Fraud,Online,Prevent