How to Steer Clear from Online Fraud

Author: Liz Roberts Subscribe to users feed SocialTwist Tell-a-Friend

Many cases of business credit card fraud and other forms of swindling acts that take place through the internet are reported everyday. With online fraud, these crooks doesn't need to actually have other people's credit cards at hand, all they need are some of your valuable information and they can easily manipulate these details to commit illegal activities.

If you're an online marketer, you should particularly exercise caution when taking and accepting orders from customers. Scams can easily use other people's identity such as their name and credit card numbers. You might be fooled into thinking that you're making good business because a customer is ordering a big bulk of good from you. But beware. Before you ship those goods in the customer's address, don't forget to do some of your own investigation about the authenticity of that customer's credit card and identity.

Here are some suggestions you can put into practice to protect your business:

- Online retail stores are advised to have a super secure shopping cart software to protect not just their business but their customers as well. With a secured shopping cart software, online businesses can assure their customers that all the information they will enter into the site is safe and protected. Nobody can steal these precious details online because the business uses a security program for the website. This way, genuine customers will be more confident to place their orders and buy products online from you.

- As a business owner, take extra time to review all the orders that you receive each day. See to it that all information given is correct and matches with the other information. For instance, make sure that the credit card holder and address given really belongs to that person. There are services which you can avail that are especially designed to help online businesses verify their customer's information is accurate and valid. If there is any misinformation or incorrect detail given, you will be immediately alerted.

- Be extra careful when a customer uses different credit cards or business credit cards to pay for the items he ordered, most especially if he's asking to send these goods to just one address. Also watch out, if the credit cards that given seems to be arranged in a series of numbers. There's a big chance that these credit card numbers are stolen.

- One thing you can do to verify a customer's identification is to ask them to fill their phone number on the order slip. With the customer's phone number, you can check their area code as well as the owner of that number, and confirm that the delivery address given is correct.

- Again, be wary about very large bulks of order. Scams often take advantage of using the stolen credit card numbers at once, so they tend to order as much as they can using someone Else's account. In addition, be extra careful when the customer asks for you to ship the goods overnight. Scams use this approach all the time since they would naturally want to receive the goods as soon as possible.

Liz Roberts is a freelance writer and loan consultant. The website BadCreditResources.com offers resources that specialize in providing bad credit loans and credit cards for bad credit.

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