Instabill works with both card-present and card-not-present (CNP) merchants every day. However, CNP merchants must take extra precaution against fraud exposure and associated losses. Follow our recommendations to help prevent fraud for CNP transactions and protect your online merchant account.
There are many ways to swindle an online merchant, and Instabill has been processing credit cards for so long that we feel like we have seen it all. Here are 11 red flag signs that could possibly be cases of card-not-present fraud.
Failing to prevent fraudulent transactions will likely result in chargebacks, which could, in turn, result in your acquiring bank terminating your online merchant account. To secure your online credit card processing services, make sure you are always doing your best to prevent online credit card fraud.