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Prevent Chargebacks Blog
| Card Not Present fraud |
Card not present fraud -- fraudulent
orders placed remotely, through mail, phone or the Internet
-- is the main form of credit card fraud.
|
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Drastically
Reduce E-Commerce Chargebacks!
Credit Card Fraud Prevention Secrets
for Internet Merchants
Countless numbers of e-merchants have come to us after
they have suffered chargebacks. These e-merchants were severely in
debt to their merchant bank as a result of these chargebacks. These
are some actual comments:
- "I am getting ready to get rid of my merchant account because
there is absolutely no protection against fraud for me".
- "We're just starting out but we have already had two fraudulant
attempts since our launch date."
- "What I need is a way to check credit card validity, our
AVS has been letting some get through."
- "My processor lacks proper fraud checking."
- "I want to take action against customer who bought a website
and SEO and 6 months later, after admitting they were fully happy,
did a chargeback with Discover."
- "My business is new. I already have been the victim of international
fraud more than once."
THESE FRAUDS COST ON-LINE MERCHANTS A TOTAL OF $3.6
BILLION IN 2007…AND THE NUMBER IS RISING FAST—OVER 30%
EVERY YEAR!
KNOWLEDGE IS POWER IN PREVENTING E-COMMERCE CHARGEBACKS!
In about 60 minutes — at the fraction of the
cost of a few chargeback fees — you’ll get all the knowledge
and power you need to drastically reduce
E-Commerce chargebacks!
PREVENTING E-COMMERCE CHARGEBACKS
is a user friendly on line guide for any small business selling on
the Internet.
Available by Download or on CD
Same low price!
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| Your loss could be staggering! |
Online card fraud reach $3 billion
in 2006.
...CyberSource: Online Fraud Report |
| December's order could be
April's chargeback! |
"The account holder must
dispute, in writing, the item in question within 60 days of
billing. The issuing bank may have as long as a year to chargeback
the item depending on the nature of the transaction and other
factors."
... A processor's Fraud Department executive |
| Global E-Commerce means Global
fraud |
"Without question, our
global economy has also resulted in global fraud, the losses
of which can't even be tallied. The risks are 2-3 times
greater."
Tom Mahoney, Director
Merchant911.org |
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