Doctor's rule of thumb: Prevention is better than cure. Same goes with protecting your online business from fraud. And if your business encounters fraud, then your offshore merchant account is in hot water as well.
The vastness of the cyber world is incalculable. Makes a most feasible place to sell. On the other hand, you never know who's lurking behind the names, the addresses, the accounts. There is always the danger of fraud.
The fraud scare, even if we try to ignore, will be there to just lurking in the shadows, with fraudsters waiting to make their moves.
Worry before the problem comes
You have your ecommerce site, everything seems to be flawless. But, it pays to be cautious, since we're talking about your business, your investment, your bread and butter. Sad but true, we can only get hold of the problem when it actually exists. When a customer calls and let us know of a package that they paid for but never received or a wrong address on file, that's the only time we will know that something's not right.Prevention vitamins
Before the bad comes to worst, you should be able to at least be prepared of how fraudsters can do damage to your online business. Remember, their first target is your credit card transactions.Read the whole article for the complete information:
Shield Your Business: Offshore Merchant Account's Saving Guide to Preventing Online Credit Card Fraud
