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How Credit Card Debt Consolidation Can Help Improve Your Credit Standing By saurabh Credit card debt reduction has become a necessity because of the numerous negative impacts of improper and mindless use of plastic money. Be it carelessness of usage or the conceit of users, whatever Read more...
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How To Protect Yourself Against Online Criminals By John Iacovakis Credit card fraud is a growing problem for online businesses and can hurt your business in many ways. Fraudulent transactions are costing e-commerce businesses many millions of dollars annually.
So, it is very important to verify the cardholder's identity.
You can use software programs to detect fraudulent orders or you can manually check each transaction for possible fraud.
Here are some steps that you can take as a merchant to reduce fraud:
1) Check the buyers IP Address Location. Does this location match the cardholder’s location? 2) Check the buyers e-mail domain. Criminals will use a free e-mail provider. 3) IP Address indicating anonymous or open proxies? 4) Check the bank identification number. 5) Call the holder. You can ask the cardholder to verify the order. 6) Fax authorization with signature. You can ask the cardholder to verify the order by sending a signed fax. 7) Make your anti-fraud policy visible. 8) Utilize anti-fraud services.
Furthermore, you should be alert for transactions
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Why A Student Credit Card Is A Good Proposition By Daniel A student credit card is exactly what the name suggests. It is devised specifically for students. Student credit cards are becoming increasingly popular nowadays with more and more parents opting to Read more...
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Got Credit Card Debt? Try Transferring Your Balance By Andrew If you currently hold debts on one or more credit cards and you’re having trouble paying them off, switching to a new card with a low balance transfer rate could save you a lot of money. By Read more...
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