How to prevent fraud

Fraud and cybercrime are growing threats forecasted to surpass $362 billion globally by 2028. The good news? You can help protect your business.
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Customer using smartphone to tap to pay at point of sale device across from merchant who stands behind counter

Fraud losses are expected to surpass $362 billion globally.1 With fraudulent activities and cybercrimes up year over year, there’s no better time to get serious about protecting your business from fraud. And there’s no better place to start than here. Download our fraud infographic.

Graphic providing 10 key practices for protecting business checkout systems and cardholder data against fraud: using secure point of sale (POS) hardware; restricting user access; securing unattended devices; using strong passwords, and changing them often; updating POS software regularly; upgrading POS devices regularly; using strong card authentication protocols; reviewing statements frequently; keeping return policy simple; and educating staff members

Don’t fall victim to fraud. Talk with our experts today about protecting your business — and your customers. Or visit The Uptick to get more tips and best practices to fight fraud.

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Sources:

  1. Juniper Research. Online Payment Fraud: Market Forecasts, Emerging Threats & Segment Analysis 2023–28.
  2. PCI Security Standards Council. Approved PTS Devices.
  3. VISA. New & Improved 3D Secure.

This information is not a complete list of a merchant’s obligations with respect to reducing fraud risk. Refer to the details in the Global Payments merchant contract and the rules/regulations.