Maintain your old Siemens Hipath system

How To Eliminate Credit Card Refunds From Digital Thieves

Can you encounter the number of times where a Credit Card Sale was generated, only to receive a "Refund Notification" from your contracted e-commerce processor on behalf the "customer"?

Welcome to the electronic world of "cyber-shoplifting".

Unscrupulous surfers, disguised as potential "customers", systematically opt to ordering goods (using credit cards) in electronic form of delivery, only to request a refund minutes or days later after receiving the product.

The "cyber thieves" consent the well-known "loophole" of specific e-commerce processors who deploy a "no questions asked" refund policy.

Some... might concur to the predicament that a "liberal refund policy" boosts sales, but it is statistically verified that these claims are unthinkingly based gross sales figures, where refunds are *not* accumulated to extract the "net profit" (minus refunds).

In numerous cases, the cyber thieves (or else called freebie hunters) automate their thievery, by using pre-made templates to ask for a refund, in order to save time and reap as many digital products as possible, for gratis.

A portion of cyber thieves, download a digital product, whether ebook or software, only to illegally sell it online at eBay or sell it in "warez sites".

Optimistically, these unprincipled pinches are either prosecuted to the fullest extend of the law, for infringement of copyrights, or face imprisonment along with heavy fines.

So if you want to avoid getting targeted by cyber thieves (and losing thousands), the wisest approach is to conduct business with an e-commerce processor who will protect you against dodgy "freebie hunters" (see http://traffic-engine.net/stormpay for a genuine payment processor).

After all, it is *your duty* to forming your own "refunds policy", not your processor's.

About The Author

George Papazoglou is the author behind http://cyber-software.com

This article may be freely distributed / republished, as long as it contains the author's credits and the precise entirety of the provided article, titled: "How to Eliminate Credit Card Refunds from 'Digital Thieves'".

In The News:

Israel continues hitting Gaza targets after rocket attack
Tue, 26 Mar 2019 03:20:00 +0000
Israeli forces have continued to hit targets across the Gaza Strip, just hours after a ceasefire was reported to have taken effect.

British tourist, 59, dies while snowboarding in Andorra
Tue, 26 Mar 2019 11:37:00 +0000
A British man has died while snowboarding in Andorra.

Spacesuit gaffe forces NASA to cancel giant leap for womankind
Tue, 26 Mar 2019 09:30:00 +0000
NASA has cancelled plans for the first all-female spacewalk aboard the International Space Station because of a shortage of appropriate spacesuits.

Stolen Picasso found by 'art's Indiana Jones' after 20 years
Tue, 26 Mar 2019 11:39:00 +0000
A Dutch sleuth known as the Indiana Jones of the art world has tracked down a Pablo Picasso painting worth millions - 20 years after it was stolen from a yacht in France.

Student tasered and kidnapped by masked men in car park
Tue, 26 Mar 2019 10:14:00 +0000
A Chinese man studying in Canada has been kidnapped from an underground car park by three masked men armed with a stun gun.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

PayPal Powered

Three years ago I was doing some work for a... Read More

Chinas IT Industry to Maintain Fast Growth

China's IT industry is expected to see a sales revenue... Read More

The Ecommerce Business Plan

Simply put, business plans can make or break your business.... Read More

Leading eCommerce Consultant Admits You Should Only Listen to One Real Expert! (And its not him!)

Let me share with you a secret that most marketing... Read More

Creating The Perfect Ecommerce Website

If you're thinking of jumping on the bandwagon and going... Read More

7 Key Steps To Reduce Refunds and Chargebacks

One sure-fire way to loosing out big time on your... Read More

Prompt Delivery Rules ? Internet Product Sales

The Internet is the fastest growing source of mail order... Read More

Projecting Your Image

Whether you sell a product or merely sell time to... Read More

Something new in e-commerce: the Echo System Build

How four partners build and manage an exclusive art posters... Read More

5 Powerful Ways to Make Money Online with a Website

There are many ways to make money online and the... Read More

Evaluating Vendors of Ecommerce Fulfillment Services

Once your website has secured an order, you have to... Read More

The Rise of Multinational Virtual Corporations

The virtual corporation is the emerging organisational form, which best... Read More

How To Turn Any Product You Sell In To Residual Income

The concept of this is for you to offer a... Read More

Chinas Online Shopping May Be Booming In The Next Few Years

Data from China Internet Network Information Center (CNNIC) shows that... Read More

Shopping Online: What You Should Know

For some people, shopping online is as normal as driving... Read More

Choosing on Order Fulfillment Service

When your eCommerce business grows to the point where you... Read More

Content Ever be Profitable?

THE CURRENT WORRIES1. Content SuppliersThe Ethos of Free ContentContent Suppliers... Read More

Online Consumers ? What Are They Complaining About?

For many businesses, e-commerce represents a tremendous method for generating... Read More

Web Users Crave Familiarity

The sad truth is, general Web users would love it... Read More

Your Readers are Publishers Too

Too often we charge ahead and treat the web as... Read More

Dont give up on your business!

Summer must be when many work at home Mom start... Read More

Conducting Business through B2B E-marketplaces

Businesses, which are still sitting on sidelines and not doing... Read More

Do You Need A Merchant Account?

Deciding when to get your own merchant account for internet... Read More

Six Components Of A Good E-Commerce Site

Businesses, which are still sitting on sidelines and not doing... Read More

Electronic Commerce Tax Jurisdiction and Principles of Permanent Establishment

The principle of "permanent establishment" is very important for avoidance... Read More