Tips Businesses Can Take To Prevent Card Not Present Fraud

• Do not allow a transaction to be authorized unless the customer gives you a valid expiration date for the credit card.

• Follow up all card not present transactions with an email to the customers account or with a telephone call.

• Red flags for fraudulent purchases include: bulk transactions, first time shoppers, big ticket items are being purchased, rush delivery, shipping is requested to a different address than the customer or the shipping address is listed as an overseas address, large purchases are being made with numerous credit cards and shipped to a single address, separate purchases are being made but they are coming from a single Internet Protocol address.

• The customer should be required to give you the three-digit number on the back of the card. This will ensure that the purchaser has the card in his or her possession.

All of these tips can help to prevent card not present transaction fraud. Consumers and businesses can work together to protect each other from potential criminals who want to ruin the credit of individuals and receive merchandise fraudulently.