Roswell, GA -- (SBWIRE) -- 02/26/2016 -- Mobile transactions are getting more and more popular each day. It all started with Apple´s revolutionary invention: Apple Pay. Since then, the number of mobile and online payment providers has started to increase without limits. This may seem like a completely harmless situation but in fact, these new and fancy methods have brought a significant amount of cyber criminals who commit fraud every single day.
Because mobile payments are a relatively new trend, security against online thefts and fraud is not so trustable. There´s still a lot of improvement left when it comes to online security, especially in the field of mobile payments. Cyber criminals know this and they are taking advantage of it. To help avoid being deceived by these criminals, Netcom PaySystem has presented some of the best tips and recommendations a merchant can follow to help prevent fraud from happening.
Employees are also allies
It is very important to train employees to look out for red flags when a purchase is being completed. They may not be experts on the matter, but they should at least know how to verify if a credit card is completely legit or not. They should verify that the address verification is correct and that the CVV code is a match. Needless to say, they have to ask for the customer´s ID in order to verify that the card belongs to them.
Online purchases are riskier
How can anyone be certain that someone is a criminal if their ID is not present or confirm that every single piece of data is a match? If a business supports online transactions, it is defiantly a good idea to keep an eye on the online transactions in case of any irregularities.
Don´t keep sensitive information
Even if a merchant has the greatest security system against mobile or online theft, it will never be perfect. This means that the information that is currently stored could potentially be breached. For this reason, merchants should never keep credit card numbers stored.
Prevent disasters
Even if a merchant feels like their customers will never try to commit fraud, they should still keep track of every single purchase that takes place. Information like the date, time, information of the customer and the employees involved should always be stored and remembered in case there are any issues. It may seem kind of tedious at first. However, this data will be of great help in case of information breach.
Solve it
If a merchant's security has been breached in one way or another, act fast and quickly determine the cause. If a merchant managed to keep track of every single purchase and transaction this task will be fairly easy. It is always important to remember, faster reaction will make it easier to determine the cause of the breach and solve it.
About Netcom PaySystem
To learn more about Netcom PaySystem payment processing solutions, simply fill out this quick online application to get started and a representative will be in contact within 24-48 hours or for faster service please feel free to contact us at 800-875-6680.
Netcom PaySystem prides itself on being eager to practice good, old-fashioned customer care as it is to pioneer new products. Netcom PaySystem is proud to provide the most up to date and innovative products such as m-Commerce Mobile Solutions, and Virtual Terminal solutions. In addition, the company offers the merchant access to POS Systems, ACH Check Services, Check Guarantee, Recurring Billing, Check21, BOC, Credit and Debit Card Processing, Gift and Loyalty Cards, and Merchant Working Capital. Netcom PaySystem's attrition rate is one of the lowest, if not the lowest in the industry. Netcom PaySystem can proudly boast that that only two to four percent of its clients ever leave the company, and out of that; close to 50 percent return within the first year. For more information, please visit http://netcompaysystem.com.
Media Contact
Company Name: Netcom PaySystem
Contact Person: Media Relations
Email: sales@netcompaysystem.net
Phone: 800-875-6680
Country: United States
Website: http://netcompaysystem.com/