
Fraud Facts |
Card-holder-not-present fraud in the UK rose by 24% from 2003 to 2004 The biggest fraud type in the UK is card-not-present fraud, which cost £183.2m in 2005. This is fraud on cards used over the telephone, Internet or for mail order. |
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Taking card-not-present transactions, whether it's online or by phone, fax or mail order, is a great way of increasing revenue for your business. Unfortunately, card-not-present transactions also attract fraudsters, because they can hide behind the anonymity offered, and they don't have to worry about chip and PIN or signature checks. Ensure your peace of mind What fraudsters do have to worry about is coming up against a Servebase solution with its So don't compromise your profit levels by exposing your business to fraud. If you're simply taking customer's card details and hoping for the best you're risking considerable losses and an increasing number of chargebacks. Instead, your business could be far safer with a Make things easier for your business
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