| Credit card fraud has raised to an alarming rate over | | | | address is that the internet allows us to purchase |
| the last few years. According to Master Card credit | | | | products electronically and also delivered electronically |
| card fraud has increased by 369% since 1995. It is one | | | | for example movies, software, e-books, and etc. |
| of the harder frauds to fight and since there is no face | | | | Another thing that you will have to watch out for when |
| to face interaction or voice to voice over the internet it | | | | verifying the address is that the AVS System |
| is one of the more popular forms of fraud, giving the | | | | provides no protection at all if the person that stole the |
| criminals a greater sense of comfort. | | | | card obtains a valid address that goes along with the |
| There is more then one way that a credit card can be | | | | stolen credit card. The next way that you can check if |
| used illegally on your internet website. It could be a boy | | | | it is a order is to be careful of purchases from a free |
| or girl stealing a parents credit card, a lost or taken | | | | email address like and |
| card that has not yet been reported to the company, | | | | The purpose behind them getting a free email address |
| or the identity theft scam, where a card has been | | | | is that they are impossible to trace. If the customer has |
| ordered under someone elses identity and information. | | | | a paid email address a good thing to do is to check |
| You have to be able to guard yourself and your | | | | their website. All you have to do for this is to put a |
| business from this fraud, because the credit card | | | | www in front of the part after the @ of the email |
| companies will hold you fully responsible for the | | | | address for example if someone has an email |
| transaction. | | | | address that is HYPERLINK "mailto:" just put in |
| Which means you not only lost your product, but the | | | | HYPERLINK " and check if the contact information on |
| cost of sale and in some cases finds an additional $40 | | | | the site matches the information on the billing address. |
| charge back fee. You can even be black listed from | | | | Another thing you can do is tell your visitors of all of |
| your merchant account and have it closed if you have | | | | you anti-fraud systems that you have in place even if |
| too many charge backs. So what is it that we can do | | | | they are not there. This will deter most thieves just by |
| about online credit card fraud? | | | | warning. It is the same concept of somebody putting a |
| There is a few ways that you can check if the person | | | | home security system signs in their lawn and not |
| is a real card holder. First you can verify the | | | | having a security system in the home. |
| customers billing address. This can be done | | | | There is no way for the thief to tell if they are in place |
| automatically by the Address Verification System. | | | | or not; they prefer easier targets. Lastly beware of |
| This will be able to check that the billing address | | | | international orders - orders from the Middle East, |
| matches the information the company has with the | | | | Egypt, and others have some of the highest fraudulent |
| card. But this only works for address within the United | | | | rates. |
| States. Another problem with verifying the billing | | | | |