11 ways to stay on the front foot of fraud
Every business needs to be aware of and prepared for fraud. From chargebacks to Funds Transfer Fraud, it’s important for merchants to refresh their knowledge. Here are ten ways to stay on the front foot. 1. Understand “Chargebacks” 2. Know the meaning of “Authorisation” 3. Never refund to an alternative card or by another payment method 4. Protect payment card data at all times and avoid Account Data Compromise (ADC) events 5. Never process payments for others 6. Avoid Funds
