Augusta
VIP Contributor
if you are running a business online you need to be aware of this fraud. The classic online credit card fraud is one of commonest type of e-commerce fraud carried out by beginner fraudsters.
These fraudsters obtains stolen credit card information of a person or note someone else's credit card credentials and then uses the acquired credit card credentials to buy from an e-commerce store.To really hide their identity they use different tricks to ensure they can get their items . So as a seller you need to be careful with these fraudsters to avoid them making you to lose money . You would avoid a charge back by the original card owner if you take precautions.
These fraudsters obtains stolen credit card information of a person or note someone else's credit card credentials and then uses the acquired credit card credentials to buy from an e-commerce store.To really hide their identity they use different tricks to ensure they can get their items . So as a seller you need to be careful with these fraudsters to avoid them making you to lose money . You would avoid a charge back by the original card owner if you take precautions.
