Unauthorised Transaction Insurance

Techniques used in online card-not-present fraud are becoming more and more sophisticated. Traditional fraud screening tools can only determine if a credit card is legitimate or if the user-entered account information matches those on record. Today, fraudsters can obtain personal credit card information, pose as the legitimate card holder, and bypass standard fraud checks.

Chargeback fraud is by where a customer orders online from a merchants store. The merchant then ships the item to the customer. In the meantime, the customer receives the product or services. Later the merchant realizes that they will never be paid or that the customer has decided to cancel the payment through their bank

 

For more information about our chargeback solutions please contact Neil.

Neil Gurnhil

Email – neilg@websiteinsurance.co.uk

Phone – 07951576873