Fraud Prevention Resources
If you have spent any length of time accepting credit card payments, chances are that you have come across a fraudulent transaction or two. Fraud victimizes everyone involved in the credit card process: the consumer whose card information is stolen, the merchant whose product is purchased, the processing bank that facilitates the transaction and the issuer who is charged with protecting its cardholders, to say nothing of Visa and MasterCard who spend millions developing products to help prevent it from happening.
The resources on this page will help you understand credit card processing risk and will suggest ways to mitigate it. The articles below will teach you how to build an effective fraud prevention system, to identify weak spots in it and take actions to correct them.
Understanding Credit Card Processing Risk
What Makes Some Businesses Higher Credit Card Processing Risk than Others
10 Suspicious E-Commerce Transaction Characteristics
5 Suspicious Card-Present Transaction Characteristics
PCI Data Security Standard Compliance
How Processors Manage Merchant Accounts with High Levels of Fraud
Understanding Credit Card Processing Risk for Travel Agencies
Fraud Prevention Tools and Programs
Visa Card Verification Value 2 – CVV2
MasterCard’s Card Validation Code 2 – CVC 2
Using the Address Verification Service (AVS)
MasterCard’s Site Data Protection (SDP) Program
Member Alert to Control High-Risk Merchants (MATCH)
Visa’s Account Data Recovery Process
Merchant Audit: Initiation, Review Process and Consequences
Risk Management and Fraud Prevention Guides
eCommerce Risk Management Guide
15 Steps to Managing E-Commerce Risk
E-Commerce Data Security Best Practices
How Travel Agencies Can Manage Credit Card Risk
Validating Cardholder Information in E-Commerce Transactions
Screening International E-Commerce Transactions
How to Handle a Data Security Breach
Fraud Prevention Guidelines for MO / TO Merchants
Managing Credit Card Processing Risk in an E-Commerce Start-Up
How to Validate Credit Card Numbers in E-Commerce Transactions
Managing Risk in Recurring Payment Plans
Managing Credit Card Processing Risk at Car Rental Companies
How to Set up and Use E-Commerce Transaction Velocity Limits and Controls
Understanding Credit Card Processing Risk for Travel Agencies
How to Recover Credit Cards when Suspecting Fraud
Credit Card Fraud Prevention Guidelines for Airlines
How to Handle Potentially Fraudulent E-Commerce Transactions
How to Protect E-Commerce Merchant Accounts from Intrusion
How to Minimize Fraudulent E-Commerce Transactions
Screening Fraudulent E-Commerce Transactions
How to Build and Use an Internal Negative File
Verifying Signatures in Credit Card Transactions
Authentication of E-Commerce Credit Card Transactions
Managing Passwords for E-Commerce Website Accounts
Image credit: Naver.com.
Minimizing Credit Card Processing Fees Again
American Express Refuses to Settle, DoJ Files an Antitrust Suit
Great list of resources. Very useful. Thank you!