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7 Easy Steps You Can Do To Reduce Ecommerce Fraudulent Transactions & Fees
get your site ranked well by the search engines, and orders are coming into your website and are being processed through your Internet Merchant Account Services Provider. Congratulations! Along with this success, comes those who want “something for free”, and they do it by submitting orders that turn out to be fraudulent transactions in the end, causing you to see an impact to your bottom line profits; more than too often. Everyone complains about this, but what can you do about it? YES, there are ways to combat internet fraud and charge backs. Here are some easy tips on how you can get started on preventing and reducing internet e-Commerce fraud: 1). Use powerful transaction filters to allow you to set parameters on how the order is processed through your internet merchant transaction services provider. 2). Use powerful IP filtering through your internet merchant services transaction provider to prevent repeat fraudulent transactions that have occurred once. 3). Set up your internet merchant transaction services account to alert you of a potential fraudulent order, BEFORE, it is processed, so that you may reject the order, or approve and process it. This gives you time to further investigate the order, where it is from, and to check the validity of the order. 4). Set up your internet merchant transaction service to have each credit card number that comes through your system checked out to see if it is stolen or not, BEFORE your transaction is processed. If the card is reported stolen or invalid, you can prevent fraudulent transactions by having it checked though the known stolen or invalid card data base. 5). Set up filtering by “dollar limits” on the amount of the order you want to review before the order is processed by your internet merchant transaction services provider. For example, if you want to review an order over $2,000, you can set up your transaction processing to delay processing the transaction until you give the approval, or rejection for the order. 6). Talk to the various charge card companies about any fraudulent transactions you have had. Ask them how they could have been prevented, and what you can do to prevent them and further protect your company from fraudulent e-Commerce transactions. 7). Most importantly, get to know your Internet Merchant Services Provider representative for your company’s e-Commerce transactions. He or she is the person that can assist you and advise you on who to contact to get these fraudulent protections services set up for your account for as little as $5 per month. We have used, and are very happy with the services and support from TheTransactionGroup . Net. Mr. Michael Rupkalvis, President, is the most knowledgeable and helpful person we have found on this subject, and has saved us a lot of money, and greatly reduced our internet e-Commerce fraudulent transactions and fees. Article Directory: http://www.articledashboard.com About Mrs. PartyMaker & PartyMakerDiscountMegaStore.com: |
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