Crack down on identity theft
Protecting your business from credit card fraud with 3-D Secure™
426 million. That’s the number of times online shoppers used credit cards to pay for their online purchases in 2006. That represents $35 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, organized 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.
“3-D 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
Crack down on identity theft – Protecting your business from credit card fraud with 3-D Secure™ topics include:
merchant service, merchant account, payment processing, online payment, accept credit cards, card processing, sell online, accept credit card online, electronic payments, accept credit card payment online, payment gateway, accept credit card payment, accepting credit card, payment system, payment service provider, online payment solutions, PCI Compliance, identity theft prevention, compliance for PCI, 3D Secure
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