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How to Protect your Business From Credit Card Fraud

Debt Consolidation And Credit Since credit cards are used as forms of payments now more than ever, it is vital to protect your online business from credit card fraud. Many online businesses only accept payments via a credit card, and it's very easy to become a victim of fraud. The good news is that there are steps you can take, whether a business is online or offline that will help to eliminate the risk of becoming a victim of credit card fraud.

Check Credit Rating The common public perception is that the consumer is the one who is often the victim of fraud, but the reality is that it's much more common for the merchant to be the victim. The following are tips for merchants to help avoid being a victim of credit card fraud.

In the event of any unauthorized use of your credit card, you must notify your credit card provider in accordance with its reporting rules and procedures. The Fair Credit Billing Act states that your credit card provider cannot make you pay in excess of $50.00 of fraudulent charges. Although we never intend to have an incident of credit card fraud, if unauthorized charges are made to your credit card as a result of doing business with SKECHERS, you will pay nothing.

Improve Credit Rating If you're shipping a product to a consumer, make sure the shipping address matches the billing address. If it does not, you probably should investigate the transaction.

> International Orders. International Orders. Unfortunately due to the frequency of Internet credit card fraud originating from certain countries, we do not honor international orders. We urge you to contact a friend or relative here in the United States and have them order from us and ask them to ship your order to you. We understand the inconvenience but also know you understand we must protect our business from International credit card fraud, we have no choice.

Credit Online Rating Report Always verify that an address that the consumer gives is a valid. Most merchant accounts have an Address Verification System that verifies whether or not the given address matches the cardholder's billing address.

About Credit Card Transactions Can I safely transmit information such as credit card numbers You can enter your credit card number on a secure (https) form and transmit the form over the Internet to a secure server without risk of an intermediary obtaining your credit card information. The security features offered by your web browser technology protects commercial transactions, as well as all other communications, from misappropriation and fraud that could otherwise occur as information passes through Internet computers.

Credit Score Rating Scale Always investigate unusual orders. This almost goes without saying, but if something gets ordered that is completely out of the ordinary check it out. The best case is to phone the customer if you can and verify the purchase. Even if the purchase was not fraudulent, they should be grateful that you called.

Phone orders may be placed Monday through Friday, 00pm EST by calling (888) 5275. Mention that you are ordering from our web site to receive our special online shipping rates. In order to serve you better, please have our item numbers for the merchandise you would like to order. To protect you from possible credit card fraud, all orders must include cardholder's name as it appears on the card, the billing address the credit card statement is mailed to, and the expiration date.

Bad Card Credit Credit People Always request as much information as possible when they are filling out the order form. Most of the time the safest thing to do is to ask for all of the address information, but also make sure to get the 3 or 4 security digits that all cards have now. Your merchant account should allow for this information to be checked now and if it's not you should consider switching merchant accounts.

Free Credit Rating Report A warning on your web site that you have anti fraud devices in place and operating at all times. Similar to the way a "Beware of Dog" sign will deter thieves from entering someone's house, this will give the thief pause before entering your web page.

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