Merchants Beware - The Fraudsters ARE coming To Get You!

Carders are a group of criminals who buy and sell credit card information on forums. You can google “carders forum” to see what I mean. you will see that thousands of cards are bought and sold every day.

The fraudsters use these stolen cards to buy products from online merchants becuase its easy to do so with little or no chance of being caught. In 2007 these low lifes ripped
merchants off for $3.7 Billion. How much of that was yours?

Did you also know that the only party at risk in an online credit card transaction is the merchant? Not the bank, not the card companies, not the cardholder, no only the merchant.
This is because the merchant does not have a signature from the cardholder. Without that signature the merchant is screwed and will not only lose the goods or services but will be fined $20 for the priviledge.

The biggest problem online merchants have is they simply do not have a signature from the cardholder and they are unlikely to get it. Without a signature from the cardholder, the merchant is the only party at risk. This is because there is no proof the cardholder authorized the transaction.

One other problem for online merchants is real cardholders who buy goods and services and then later claim they never authorized the transaction. This is a rapidly increasing problem and one I have found some solutions which merchants can use.

Merchants can fight back and prevent fraud if they know what to look for. Most don’t and no one tells them what to look for..that is until now. In my brand new book called “Merchants Beware” I reveal the telltale signs of a fraudster at work. I give merchants an easy step by step approach to detecting fraudsters and stopping them BEFORE they become a problem