Fraud Concerns for Business Credit Card Processing
CreditCardProcessing.net writes that if you run a mail order company or internet business, you’re faced with an increased risk for fraudulent credit card transactions with credit card processing than retailers operating a physical bricks-and-mortar place of business. For online and mail order companies, you don’t see the person or the credit card and it can be difficult to know if you’re dealing with a legitimate customer or not. In 2006, more than $60 billion dollars were lost by merchants accepting credit cards and debit cards as payment for online or mail order products and services.
