Protection From Frad Online (Score 1)

Internet merchants do have fraud protection options available to them. Any merchant being hit by a large number of charge backs should explore 3DSecure: http://www.cardwatch.org.uk/spot_and_stop/html/3ds ecure.htm?display=html http://www.visaeurope.com/merchant/handlingvisapay ments/cardnotpresent/verifiedbyvisa.jsp http://www.mastercard.com/us/personal/en/cardholde rservices/securecode/index.html When setting up with your payment services provider you should find out exactly what services they provide to help protect you from fraudulent transactions. Card holder address verification and card verification code/number (those 3 digit numbers on the back of your card) checking will help reduce the number of bogus transactions that get through 3DSecure will allow you to shift liability for charge backs from yourself to the bank.