Avoiding Card Not Present Fraud

Avoiding Card Not Present Fraud

In the business world, the key to success and profit is completing sales transactions. Banks seek to provide peace of mind to their customers by offering protection from unauthorized charges to their accounts by letting them dispute purchases. This puts business owners at risk of falling victim to the “Card Not Present” fraud tactics. Exposing criminal schemes commonly used against merchants will ensure better processes to protect the profit side of fraudulent charge claims.

Never Manually Enter Card Information

Old credit cards may not swipe properly, which may seem like the perfect time to take advantage of the key pad for credit card processing. Avoid doing this, even with regular customers that have built up trust with the establishment. Taking a risk with money will inevitably hurt profit if a customer identifies how easy it is to call their financial establishment to claim that the purchase was fraudulent. They do not investigate much further than looking for tell-tale evidence that the customer was indeed present with the card in question. In order to not let sales walk out the door due to a card not swiping, keep a manual imprinter on-hand to have evidence in the event of a dispute. Proof that the card was present will keep money from being removed from merchant accounts.

Always Get A Signature

Every card transaction will provide a customer receipt, as well as a business copy that requires a signature. Never skip this step or forge a name for any reason. In the event that the card was stolen, that signature can pinpoint the culprit. With proof of a card present and a recorded signature, the financial institution is responsible for the loss rather than the merchant. Treat every customer the same, and always follow every step in credit card processing.

Process Payments In Person

In today’s business world, a lot of businesses rely on Internet sales as a big part of their profits. Unfortunately, there is not a lot of verification in the process of transactions made through this medium. Elaborate security measures have not been put in place for reasons of inconvenience pushing customers away. Merchant accounts are best protected by screening customers for warning signs while orders are processing. Billing and shipping addresses unusually far apart, ordering large quantities, and choosing expensive quick shipment options are all worth a little investigating for authenticity.



It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. CreditCardProcessing.com was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today! (866) 837-0751

© 2016 CreditCardProcessing.com. All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Walnut Creek, CA

*Further terms and conditions may apply. Promotion contingent upon CreditCardProcessing.com's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by CreditCardProcessing.com.

Call (866) 837-0751 for details.