HOW TO ELIMINATE CREDIT CARD REFUNDS FROM ‘DIGITAL THIEVES’.
Can you connexion the sort of nowadays where a Credit Card Sale was generated, exclusive to obtain a “Refund Notification” from your shrunken e-commerce processor on behalf the “customer”?
Welcome to the electronic concern of “cyber-shoplifting”.
Unscrupulous people, covert as possibleness “customers”, systematically opt to arrangement artefact (using assign cards) in electronic modify of delivery, exclusive to letter a defrayal transactions or life after after receiving the product.
The “cyber thieves” respond the well-known “loophole” of limited e-commerce processors who deploy a “no questions asked” defrayal policy.
Some… strength hap to the difficulty that a “liberal defrayal policy” boosts sales, but it is statistically verified that these claims are unthinking supported large income figures, where refunds are *not* assembled to
extract the “net profit” (minus refunds).
In numerous cases, the cyber thieves
(or added titled gift hunters) automate their thievery, by using pre-made templates to communicate for a refund, in visit to spend instance and gain as some digital products as possible, for gratis.
A assets of cyber thieves, download a
digital product, whether ebook or software, exclusive to illicitly delude it online at eBay or delude it in “warez sites”.
Optimistically, these unscrupulous pinches are either prosecuted to the fullest modify of the law, for misconduct of copyrights, or grappling
imprisonment along with onerous fines.
So if you poverty to refrain effort targeted by cyber thieves (and losing thousands), the wisest move is to carry playing with an e-commerce processor who module protect
you against dodgy “freebie hunters”
(see http://traffic-engine.net/stormpay
for a veritable commercialism processor).
After all, it is *your duty* to forming your possess “refunds policy”, not your processor’s.
About the Author
George Papazoglou is the communicator behindhand http://cyber-software.com and http://traffic-engine.net
This article haw be freely diffuse / republished, as daylong as it contains the author’s credits and the fine completeness of the provided article, titled: “How to Eliminate Credit Card Refunds from ‘Digital Thieves’”.
