Defeating Credit Card Fraud

Credit card fraud is an issue that can threaten the very livelihood of a small retailer. Much of the credit card fraud occurs during face-to-face transactions, although many thieves have tampered with the actual POS systems to "skim" off credit card information as the cards are read.

In general, experts agree that the best ways to prevent credit card fraud are:

• Screen employees thoroughly before hiring
• Keep employees trained in the methods of fraud and insure they know what to watch for
• Keep equipment up to date, as newer methods of security are built into newer card processing software and hardware

While you are never completely safe from fraud, taking prudent measures and staying educated can go a long way to protecting your operation from devastating loss of customer information.

For more information, read the white paper at the Northern Leasing Web Site.

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