Processing credit cards is pretty much a given nowadays, but cybercriminals are pretty aware of the increased popularity of credit card payments. By following these tips, you can prevent credit card fraud from damaging your business.
1. Ask for credit card details
2. PCI DSS compliance
3. Watch out for and validate suspicious orders
4. Secure network access
5. Use anti-malware software
In reality, you can’t completely prevent credit card fraud, no matter what security measures you’ve taken or how prepared you are. If you suspect that a fraud has happened, you should act immediately, call the card issuer’s authorization center and say that you have a “code 10 authorization request”.
Dan Radak is a marketing professional with eleven years of experience. He is currently working with a number of companies in the field of digital marketing, closely collaborating with a couple of e-commerce companies. He is also a coauthor on several technology websites and regular contributor to Technivorz.