GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View PDF of this issue

Care to Share?


Table of Contents

Lead Story

Agents of change

News

Industry Update

Private label, public dilemma

Fed insures open loop cards

Reading Black Friday tea leaves

PCI help on the way

Boost online loyalty with new tales

Features

From restaurants to revenue streams

The archetype in the mirror

The archetype in the mirror

The archetype in the mirror

The archetype in the mirror

ISOMetrics:
The spend of Holidays past

Views

Consumers' new mantra: Shop smart

Patti Murphy
The Takoma Group

Embracing PA DSS compliance

Dave Faoro
VeriFone

Gear up now for PCI PED compliance

Biff Matthews
CardWare International

The case for collecting fees

Ken Musante
Humboldt Merchant Services

The case for collecting fees

Ken Musante
Humboldt Merchant Services

Education

Street SmartsSM:
E-commerce essentials

Jason Felts
Advanced Merchant Services

Shifting focus for 2009

Christian Murray
Global eTelecom Inc.

Recruiting top college grads

Curt Hensley
CSH Consulting

A little analysis, significant rewards

Jeff Fortney
Clearent LLC

Looking beyond PCI

Tim Cranny
Panoptic Security Inc.

Preparing risk departments for the holidays

Deana Sellens
Take Charge Business Consulting LLC

10 ways to prevent credit card loss

Gino Kauzlarich
MerchantService.com

Company Profile

On-line Strategies Inc.

New Products

Lift that tradeshow burden

Rotolift
Jelco Inc.

POS in a box

HP rp3000 POS bundle
Hewlett-Packard Co. LP

Inspiration

Ditch the holiday roller coaster

Miscellaneous

POScprit

Departments

Forum

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

December 08, 2008  •  Issue 08:12:01

previous next

10 ways to prevent credit card loss

By Gino Kauzlarich

To ensure no fraudsters take a bite out of holiday profits, here is a handy checklist to give to your merchant customers. It contains 10 things to watch for to spot potential fraud at the POS:

  1. Embossed numbers on the card aren't straight or are badly spaced.

  2. Touch-up paint has been applied to the front of the card.

  3. Signature space on the back of the card has been tampered with.

  4. Letters or numbers on the card appear to be altered.

  5. Embossed numbers don't match numbers printed on transaction receipt.

  6. Consumer takes extra effort signing the receipt, which may indicate forgery.

  7. Customer appears nervous or hurried.

  8. Shopper arrives at closing time and tries to rush the purchase.

  9. Merchant asks for photo identification; customer claims to have left it at home.

  10. Consumer pulls a credit card from a pocket, not a wallet.

Gino Kauzlarich is Chief Executive Officer of MerchantService.com, which provides transaction processing for merchants. The company places a strong emphasis on increasing merchant profitability through lower rates or other tools. The firm also provides ATMs, surveillance equipment to halt theft and other merchant services. For more information, please e-mail info@merchantservice.com or call 888-288-3816.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

previous next

Spotlight Innovators:

North American Bancard | USAePay | Super G Capital LLC | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems