Business Revenue Earnings Improved After Credit Card Fraud Protection

Alexius Larpinuere is an owner of a Canadian e-business that focuses on selling gifts online. The business changes in high gear during Christmas, and other gift giving days. The company gets most of its revenue of these times, and seems to lose a part of it to payment fraud.

The revenue loss because of credit card fraud had be a part & parcel of his business for many years now, and Alexius had initiated to simply accept it since he was clueless on how to prevent it, this attitude had emboldened the people that targeted his website, and every year the quality of fraud increased.

Alexius was indifferent to the issue of fraud, because the business also had rapidly increased over the years. But the things however were different now, because the economic downturn has affected many enterprises and his business too was now dealing with it, the issue of fraud was no longer a back burner any more.

Alexius was quick to realize that credit card fraud protection was his primary task now, and if something notable must be done about it, he previously to take that effort rather than rely on payment gateways for credit card fraud prevention.  만능티켓 The new beginning would start with hiring specialist that could establish pre-screening of payment instruments before the payment gateways processed them, fraud at that stage was required to be avoided.

The aim was clear, and the task entrusted to a company that partners with merchant websites object rendering fraud prevention services. The screening service used 600+ guidelines to authenticate the genuineness of a charge card, and instantly generates an alert in case of fraud. The screening process takes very little time and without the customer thinking about it.

Alexius could benefit from the company's fraud prevention services, because it was targeted by a syndicated team whoever beginning were located in Nigeria, the Geo location feature that the screening company used could identify the masked proxy and in the process the transactions that originated from that region were blocked and fraud avoided.