How to protect yourself against online criminals

Credit card fraud is a growing problem for online businesses and can hurt your business in many ways. Fraudulent credit card transactions are costing e-commerce businesses many millions of dollars annually. So, it is very important to verify the cardholder's identity. You can use software programs to detect fraudulent orders or you can manually check each transaction for possible fraud. Here are some steps that you can take as a merchant to reduce credit card fraud: 1) Check the buyers IP Address Location. Does this location match the cardholder