Slash Your Chargebacks

Tips to Reduce Fraud

Worldwide Internet payment fraud due to stolen credit cards, identity theft and other means is expected to reach $15.5 billion in 2005, according to Meridien Research, Newton, MA. Closer to home, officials from the U.S. Secret Service say victim losses from credit card fraud in the United States reached $300 million in 2000, up from $230 million in 1999.