When accepting credit and debit cards, it’s important to take steps to protect your business from fraud and fraudulent chargebacks.
Aside from phishing and hacking, if you accept a fraudulent payment, you could be held financially responsible for the loss. Having to deal with a fraudulent transaction — the chargeback process, and the potential hit to your company’s reputation — is unpleasant, to say the least.
When accepting credit and debit cards, it’s important to take steps to protect your business from fraud and fraudulent chargebacks.
Aside from phishing and hacking, if you accept a fraudulent payment, you could be held financially responsible for the loss. Having to deal with a fraudulent transaction — the chargeback process, and the potential hit to your company’s reputation — is unpleasant, to say the least.