Combating Credit Card Fraud from Secure Payment Gateway (Part 1)

<p style="margin-bottom: 0in" align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3">by: Caroline Blair</font></font></font> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <br /> </p> <div align="justify"> </div> <p align="justify"> <span><font size="3"><font face="Times New Roman, serif"><font color="#000000">The Internet is a great opportunity to do business but with opening of an on line store comes great risk as well. And since on line transactions are coupled with credit card payments, there is also a higher risk for the merchant to experience credit card fraud. </font></font></font></span> </p> <div align="justify"> </div> <p align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3">Secure Payment gateway has ways in which to combat credit card fraud. Though there is no fool-proof way of actually eliminating credit card fraud, it does help to know that there are ways to prevent it from happening to you. </font></font></font> </p> <div align="justify"> </div> <p align="justify"> <br /> <br /> </p> <div align="justify"> </div> <p align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3">The 9 Ways to Combat Credit Card Fraud by Secure Payment Gateway are as follows:</font></font></font> </p> <div align="justify"> </div> <p align="justify"> <br /> <br /> </p> <div align="justify"> </div> <p align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3"><strong><span>1. Make sure that your Credit Card Account and Provider are equipped with Card Security Code (CSC) &amp; Address Verification Services (AVS) because in the long run it will p</span></strong><span>rovide extra safeguard against fraudulent activity and could save your business the cost of many expensive charge back. </span></font></font></font> </p> <div align="justify"> </div> <p align="justify"> <br /> <br /> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3"><strong><span><font size="3"><font face="Times New Roman, serif"><font color="#000000">2. Beware of anonymous and open proxy IP addresses because they can be forged by a fraudster to hide the true location of the culprit. </font></font></font></span></strong></font></font></font> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <br /> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <br /> </p> <div align="justify"> </div> <p align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3"><strong><span>3. Bank Identification Number (BIN) Check can help to determine if both the</span></strong> credit card holder and the issuing bank are located in the same country. Upon discovering that they are not of the same location, one must take extra care in handling the order. </font></font></font> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <br /> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <strong><span><font size="3"><font face="Times New Roman, serif"><font color="#000000">4. Be able to scrutinize the origin of the country, since there are a lot of countries outside the the USA and Canada that are considered by most businesses as high risk. So be very meticulous about such countries. </font></font></font></span></strong> </p> <div align="justify"> </div> <h2 align="justify"><span><font size="3"><font color="#000000">(Caroline Blair, a native from Boston, has effectively lectured on the &ldquo;Importance of Secure Payment Gateways to today&#39;s web wondering Entrepreneur&rdquo;and has deemed a significant amount of praise for her contribution to Cambridge Business Students by raising the bar in terms of Risk Management Modules and e Commerce importance)</font></font></span></h2> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <br /> </p> <div align="justify"> </div> <p style="margin-bottom: 0in" align="justify"> <font color="#000000"><font face="Times New Roman, serif"><font size="3"><a href="http://www.securepaymentgateways.com/"><font size="3"><font face="Times New Roman, serif"><font color="#000000">www.securepaymentgateways.com</font></font></font></a></font></font></font> </p>