How pervasive is fraud in credit card usage?
Fraud prevention is a key attribute and detriment to the world of ecommerce. Fraud accounts for much of the unnecessary expenses experienced by those that use, manage, provide services for, or accept credit cards online as part of their business activities. This pervasive problem is worldwide and has resulted in billions of dollars being spent on tactics to control and lessen the associated costs. What it boils down to is that every part of the credit card chain — from associations, issuers, and users — has to embrace sound business practices that include technology, training, vigilance, and cooperation. Talk to your Cardservice representative soon to learn how you can join in contributing to a solution to this impediment to growth and prosperity. Back to the Top Can training help me protect my online business from fraud? It is very important that you, your partners, and employees are well trained in recognizing the signs of credit card fraud and the tolls available to combat it. Muc
