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Internet Small Business and Fraud

Be careful of sites that promise to send you "instant pins". These companies usually have lax credit card security and can afford customer charge backs from fraudulent transactions. Instant gratification, so coveted by our lifestyles, is something to be very wary of in the realm of online business.

Sites that approve your credit card use only simple information that can be easily stolen from you via statement or computer hacking constitute the vast majority of online business. From the point of view of the consumer, this kind service is best and most convenient. However, the small business owner can acquire a potential nightmare if the outmost care is not taken when approving transactions.

The best method of fighting this kind of credit card fraud is too costly and time consuming for huge companies that deal with thousands of transaction per day. For these companies, a couple of stolen identities present only a minor problem as chargeback's take time and effort; while many fraudulent credit card transactions are never reported.

For prepaid telecom a company, the way to fight this kind of fraud is to makes sure that every single order is verified by phone. Sometimes it is a nuisance to have to wait for a pin to arrive and to wonder where it is. On the other hand the consumer should be grateful that the company is taking such steps to protect itself and the consumer from possible fraud.

Every customer has the right to know that their credit information is safe and that the merchant takes great care to make sure that fraud is perpetrated neither against the company nor against the consumer.

Gene Leshinsky EnkiTel Communications http://www.enkitel.com

EnkiTel Communications is a telecom marketing company specializing in prepaid dial around international phone plans. We are committed to the safe records of all of our customers and have excellent systems in place to prevent fraud.

In The News:

Trump is a 'clown', says Iran's supreme leader in rare public address
Fri, 17 Jan 2020 09:00:00 +0000
Iran's Supreme Leader Ayatollah Ali Khamenei has said European nations including the UK "cannot be trusted" but Tehran is not against negotiating with anyone - except the US.

Will pressure on Iran spark more aggression or pull it back to talks?
Fri, 17 Jan 2020 17:58:00 +0000
In the complex and opaque politics of Iran, this week's Friday prayers in the capital Tehran was one of those moments which provides clues on the country's strength, its direction and the confidence of its leadership.

Ukraine president rejects resignation of PM caught on tape criticising him
Fri, 17 Jan 2020 15:09:00 +0000
Ukraine's prime minister offered to resign after an audio recording suggested he had criticised the president - but his offer was rejected.

Magaluf cracks down on pub crawls with new booze law
Fri, 17 Jan 2020 16:35:00 +0000
Party-goers and bars in three of Spain's top tourist hotspots could face fines of up to £510,000 after authorities introduced new laws to crack down on binge-drinking.

Ex-MMA fighter suspended as councillor over underage girl remarks
Fri, 17 Jan 2020 21:07:00 +0000
A former MMA fighter has been suspended as a Sinn Fein councillor over "beyond offensive" remarks about underage girls - a day after he was forced to apologise for comments he made about Ireland's prime minister.



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