We Review the Best 5 of Everything

Best eCommerce Software

  • First
     
  • Second
     
  • Third
     
  • Fourth
     
  • Fifth
     

Avoiding E-Commerce Consumer Fraud

Be Smart During Selection Process

When trying to create an online presence for your small business, it is necessary to select an e-commerce service to ensure an effective and successful presence on the Internet. An e-commerce service can help provide you with flexibility, convenience and can also be a lucrative experience. However, it is important for one to do their research during the selection process since while there are many first-rate e-commerce companies out there, there are many people who are thieves who try to pull the wool over your eyes.

Check for Unusual Shipping Addresses

The first red-flag that one should take notice of when working with an e-commerce service is any requests to send merchandise as a gift to a different address, most notably a foreign address. Thieves and ill-willed individuals often use this type of trick to ship a product to a destination where they can pick up a product without being tracked. In order to avoid this, it is recommended to not provide a separate shipping address option, since shipping all products to the billing address will ensure that one receives payment.

Identify Big Spenders

Typically, thieves who are trying to be deceitful will pay absorbent fees to ship products quickly and they also prefer to purchase big-ticket items. Specifically if they are able to use a stolen card, receive the merchandise and resell it promptly before being caught they are able to make a sizeable profit. Early detection of these activities and follow-ups can help one save money in the long-haul.

Secure Payment Gateways

There are many credit card services that offer fraud protection and secure gateways for their clients, but others that will try to steal credit card information. It’s vital to ensure that the environment is safe and secure. A safe and secure environment will help ensure that confidence is instilled among your consumers and will ultimately not interrupt sales on your site. A perfect option to help protect the credit card check-out process is to make sure that you select an all-in-on e-commerce software solution that includes credit card processing.

Key Fraud Detectors

Any strong and reputable e-commerce service will provide you with a safe and secure environment for consumers to shop in. As such, the main fraud protection tools that a business owner should keep a lookout for include a rules-based system for credit acceptance or denial, which includes: Verifying the billing address with the address registered on the credit card, then identifying the access code (a 3 to 4-digit number printed on all major credit cards) and lastly, go over discrepancies between cardholder name and the credit card number issued.

Take Responsibility

In order to ensure that your business is a safe and secure way to shop, the responsibility is up to you to take the necessary precautions to help protect your consumers. By protecting the financial aspects of your business, you will be able to avoid any fraudulent purchases and also help protect the credit card information of your consumers. Taking care of these aspects of your business will allow you to concentrate more on the important task of selling your product, which will allow your business to continue to grow and prosper!