Online protection.
by Doc_Ren on Feb.06, 2008, under Innovative Technology
There are a lot of ways we use our cell phones today. I can hardly imagine how we managed without it before. In our era of high technologies it seams so easy to send or to receive massages, music, photos, to play games and to watch video, to order any product and make any payment through your cell phone and the internet. This is one of the most important innovations of our time, bringing substantial benefits to economies and societies, but also driving change in the way we live and work. The Internet is not confined to national borders and with its growth and progress the security risk factor rises as well. The recent searches show that there are thousands of stolen credit cards are used everyday to make purchases online and the risk to be hit by fraud is still high. Sometimes when a customer uses a cell phone it is hard to trace and we have no idea if it was his telephone number or not. Regardless of the relationship you have with a customer, customer service can only stretch so far therefore you must protect yourself always.
There are different professional anti-fraud methods and some of them such as insurance policies or guaranteed chargeback protection could help you to protect your business from online fraud. For example if you have a small website where you sell hand-crafted clothing or something else it is worth to use chargeback protection, simply by using service which will be deterring chargeback abusers. Besides that by querying the database you have chance to make informed decisions and minimize risk and economic loss. Usually chargeback protection companies charges a flat fee and a small percentage for every transaction it insures against loss. I hope this helps someone.