a worring thought about CC fraud

[xerxes]

Ok this im new to this but help me here.

 

shop/store owners of oscommerce which are

doing real transactions on the net how do you cope

with CC frauds thats so rampant (or so they say)

 

how do you deal with the charge backs and other

payouts that was/is no fault of your own?

 

whats the cheapest way for me to have some sort

of security against CC fraud?

 

thanks

XerXes

[Jack_mcs]

There's really no protection, I'm afraid. All of the payment processors have fraud portection in place but if there is a chargeback, it will be taken from your account. The credit card companies rule in favor of the purchaser in the majority of cases for a variety of reasons. All you can do is try to ensure the charge is valid. Sooner or later you will get hit though. It is just one of the "perks" of doing business online.

 

Jack

[Guest]

there are few things you could do though. Check the cc blacklist related modules under the contributions section so you could ban the ips that attempt to do such transactions. It can reduce the number of chargebacks and risk. There is also other methods like checking the shipping details before proceeding to the gateway risking a chargeback and invalidate the cc payment form upon submission such that a bot cannot be used.

[chrisjat]

Read about google checkout.. they offer something where they cover the charge backs if I recall correctly.