| |
|
POSitive Processing Blog
3 Tips To Protect Your Business From Fraud
Wednesday, February 13, 2019
 In 2018 roughly $9 billion dollars were lost due to credit card fraud. We’re already halfway through the 2nd month of 2019 and it’s important to take the proper steps to protect your business. Don’t become part of the statistics this year.
Below are 3 tips to protect you and your business from
credit card fraud.
Tip #1 Inspect
the Card
Pay close attention to the card you plan to run through your
system. Never accept an expired card or one that appears to have been altered.
Make sure the card is signed and if it is not, check the ID of the customer to
make sure the names match. Verify that the account number on the terminal
matches the account number on the card and lastly, make sure the name on the
sales receipt matches the name that appears on the card.
Tip #2 Be Extra
Cautions for CNP (Card Not Present) Transactions
Require the cardholder’s credit card number, validation code, and
expiration date. As well as the name that appears on the front of the card, the
cardholder’s billing address and phone number. Be wary of orders from outside
of the country, shipping and billing addresses that don’t match, larger-than-normal
orders, very small orders (if it’s out of the ordinary for your business), and
orders from an untraceable email account.
Tip #3 Become PCI
Compliant
Being PCI compliant will decrease
your risk of security breaches. PCI DSS provides a baseline of security
requirements that help businesses know what to do and where to start on their
security program. Not only does becoming PCI compliance decrease your risk of a
breach, it also saves you money by putting you in the ‘less risky’ category
with your processor, resulting in smaller monthly fees. You can learn more
about OMEGA’s Data Protection Program here.
Following these three tips will
help you have a fraud (and worry) free year!
|
|
|
|
Blog Categories
B2B and E-Commerce Solutions
08/26/2019 - Maximize Your B2B Interchange
10/13/2017 - Saving on B2B Interchange
05/03/2017 - EMV Option Now Available for V
02/09/2017 - Why Should Your B2B Business A
Data Security and Fraud Prevention
05/29/2019 - Is Friendly Fraud Putting Your
04/29/2019 - Gift Cards: The Gift That Thie
04/03/2019 - Chargebacks: What Are They and
02/13/2019 - 3 Tips To Protect Your Busines
11/12/2018 - Are you PCI Compliant?
03/14/2018 - Merchant Guide: 10 Essential T
02/12/2018 - Common Business Scams and How
02/09/2018 - Data Security Fast Facts
01/17/2018 - Vulnerability Scanning vs. Pen
01/17/2018 - BBB Warns of Email Scams This
01/10/2018 - Arm Your Business Against Cybe
11/15/2017 - MERCHANT FRAUD ALERT, 11-15-20
09/22/2017 - Have You Heard How OMEGA’s Dat
08/02/2017 - MERCHANT FRAUD ALERT, 08-02-20
FI Partner Program
Gift Cards and Customer Rewards
04/01/2019 - Spring Has Sprung and So Can Y
09/06/2018 - The Holidays Are Coming..Are Y
08/22/2018 - Sales are up 100%!
09/13/2017 - When Should You Start Planning
08/18/2017 - Black Friday is Coming!
07/19/2017 - Gift and Loyalty: We Have an A
02/23/2017 - Boost Spring Sales with OMEGA’
Just For Fun
11/14/2018 - Thanksgiving Fun Facts
05/24/2017 - Facts You Might Not Know (or M
03/13/2017 - Keys To Success — 8 To Be Grea
09/02/2016 - Happy Labor Day Weekend!
Miscellaneous
06/21/2019 - VeriFone Terminals
02/27/2019 - Take The Hassle Out Of Tax Sea
02/13/2018 - Innovative Visa Wearables Make
02/13/2018 - Little-Known Secrets of Credit
07/19/2017 - Beat the Summertime Blues
Mobile Payments
11/08/2017 - Mobile Made Easy with OMEGA
08/03/2017 - A Good Thing Just Got Better —
10/18/2016 - SwipeSimple: Mobile Made Bette
OMEGA in the Community
07/05/2017 - Parades, Baseball and the Four
03/08/2017 - 9th Region Championship Player
02/06/2017 - OMEGA’s Players of the Game
01/23/2017 - TWO New OMEGA Player’s of the
01/13/2017 - OMEGA’s Defensive Player of th
01/09/2017 - 2017’s First OMEGA Player of t
11/21/2016 - OMEGA’s Offensive Player of th
11/14/2016 - OMEGA Processing Offensive Pla
11/10/2016 - OMEGA in the Community
11/07/2016 - OMEGA Processing’s Player of t
10/31/2016 - OMEGA Processing Player of the
10/25/2016 - OMEGA Processing Player of the
10/12/2016 - OMEGA Processing’s Player of t
10/04/2016 - OMEGA Processing Player of the
09/19/2016 - Sergent Wins Player of the Gam
09/06/2016 - OMEGA Processing Solutions Pla
OMEGA Merchants, News, and People
12/12/2018 - 2018 Year in Review
10/17/2018 - OMEGA Processing Solutions Cel
07/25/2018 - OMEGA Processing’s Kim Polark
05/31/2018 - OMEGA Processing’s Daena Spraf
04/20/2018 - Making Every Day Earth Day
04/11/2018 - How’s an Extra $100 Sound?
12/28/2017 - 2017 Year in Review
10/11/2017 - NO Contract. NO ETF. NO Long-T
07/05/2017 - OMEGA Processing Solutions Add
12/30/2016 - Some of our Favorite Moments
09/01/2016 - OMEGA Processing’s Caroline Ok
OMEGA Spotlight
10/10/2019 - OMEGA Spotlight-Outlier Cycles
09/25/2019 - OMEGA Spotlight-Bruce Morris
09/10/2019 - OMEGA Spotlight-Pangallo's on
08/27/2019 - OMEGA Spotlight-Hair Plus Beau
08/14/2019 - OMEGA Spotlight-Customer Servi
07/23/2019 - OMEGA Spotlight-Eddie's Southe
07/10/2019 - OMEGA Spotlight-Barbara Bailey
06/25/2019 - OMEGA Spotlight-Big Catz BBQ
06/11/2019 - OMEGA Spotlight-Kim Figgins
05/23/2019 - OMEGA Spotlight-Kava House & C
05/14/2019 - OMEGA Spotlight-Stevie Dumbuya
Payments Industry
03/06/2019 - Merchant Rules To Live By
01/09/2019 - Account Tune Up for the New Ye
09/19/2018 - Has Your Bottom Line Seen the
09/18/2018 - Are Your Business Merchants’ S
05/22/2018 - Interchange Explained
04/11/2018 - What to Avoid When Searching f
04/06/2018 - The Importance of Choosing You
12/21/2017 - The Basics of Chargebacks
12/12/2017 - No Need to Sign on the Dotted
07/26/2017 - Back to the Basics - Merchant
03/17/2017 - Innovation Project 2017
Point-of-Sale Systems
Products and Services
07/31/2019 - Mid-Summer Reboot
10/03/2018 - Are Your Business Customers Se
08/15/2018 - Introducing Poynt… The World’s
06/11/2018 - Interchange Savings Tool Now A
01/03/2018 - Data Breach? We Got Your Back
12/27/2017 - How Does OMEGA Protect Your Cu
12/12/2017 - New Year? New Goals? New Capit
12/06/2017 - Process with the Best
09/06/2017 - Unlock Cash Flow Opportunities
08/30/2017 - Are You Hungry for the Details
08/09/2017 - Happy (2nd) New Year!
11/30/2016 - Are You Ready?
Short-Term Capital Funding
|
|
|
| |