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Jan24
Protecting your Business from Credit Card Fraud.
Filed under: Credit; Tagged as: business debt, credit, debt, Debt Collection, debt collection agencyComments OffA business sometimes comes across the use of Credit cards for purchases of products and services but what they don’t know is the use of stolen credit cards by criminals is still increasing. On many occasions this can be reduced in your business by training your staff to be alert to some of the common signs that this activity is taking place.
Here are some signs to watch out for:
- Purchases that are made without any regard to size, colour, style, price or quantity.
- Refuses clothing alterations particularly where this is included in the price of the goods.
- Makes some purchases then returns later and makes further purchases.
- No other Identification with them.
- Takes the credit card from their pocket rather than a wallet or purse.
- Standard of dress is poor but purchases expensive items.
- Talkative and changes their mind.
-Cannot make up their mind to upset the sales person who may hurry the deal to get rid of the customer.
- Arrives into the store just on closing time.
-Makes large item purchases and insists on taking it with them rather than having it delivered. As the business owner you are the one at risk from loss of income and the bank may or may not have any sympathy to your situation. Its up to you to take the proactive step to look after the information when it comes your way. If in doubt, phone your bank for authority and quickly. Many banks will reward you for recovering a stolen card. Paul de Vizard has been writing articles online for nearly 4 years now. Not only does this author specialize in diet, fitness and weight loss, you can also check out his latest websites by clicking on the links below.
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