Crack Down on Identity Theft
Protecting Your Business from Credit Card Fraud with 3D Secure

Free whitepaper

By Howard Elsey, Director of Operations, NETBANX

426 million . That’s the number of times online shoppers used credit cards to pay for their online purchases in 2006. That represents ₤19 billion in revenues for online retailers. Industry analysts predict the number of transactions will reach 1.5 billion in the next decade with online purchases accounting for 25% of all personal credit card payments.

This growth comes at a cost: an increasing threat of fraud. Today, credit card fraud costs the retail industry as much as $60 billion a year. And today’s fraudsters are internet-savvy, organised criminals who use sophisticated methods of deception to pose as legitimate customers. This whitepaper outlines how fraudsters take advantage of Card Not Present (CNP) transactions and how retailers can protect their business from credit card fraud and identity theft.

“3D Secure - Crack Down on Identity Theft” discusses:

Online retail and CNP transactions
The real threat to retailers
Combating online fraud with 3-D Secure™
Choosing a 3-D Secure™ payment partner

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