Fraud prevention articles

These fraud prevention articles have been collected from various sources and are all used here with permission of the author or publisher.

If you weren't convinced that credit card fraud is a serious problem for merchants, you will be after you read these.

A lot of articles have appeared in the media about credit card fraud but more often than not, it's from the Card holder's point of view. They see themselves as the victims and, to the extent of an aggravation factor, they are. What you don't usually read about is the merchant's side of the fraud story. Don't kid yourself. Card holders are NOT victims - merchants are.

Remember that cardholders can contest any fraudulent charge and get immediate credit back to their account. If you thnk the bank or the processor absorb that loss - think again. The on line merchant eats those costs AND looses the product or service AND gets a charge back fee levied.

The issuing bank gave an authorization so it's a valid transaction? WRONG!

Browse the articles listed on the left and get the real story about fraud.