How do i protect myself from fraudulent purchases ?

[SquirlyNutz]

Im going to be launching my site very soon, although im concerned that i may not be good at catching people using stolen CC, etc. Is it essential to have anti-fraud software/protection?

How much does Kount Fraud cost ? i cant seem to find the answer.

Or if you have any advice please let me know.

 

[GainRank]

What payment processor are you using? I use PayPal and although there have been a few occasions where someone steals peoples accounts and orders tons of stuff from my sites, for the most part I rarely have any problem with fraud.

 

[SquirlyNutz]

Im using paypal for now.So paypal will be responsible for fraudulent orders ? i just dont want to wake up to a big surprise.

What payment processor are you using? I use PayPal and although there have been a few occasions where someone steals peoples accounts and orders tons of stuff from my sites, for the most part I rarely have any problem with fraud.

 

[shiro]

Im using paypal for now.So paypal will be responsible for fraudulent orders ? i just dont want to wake up to a big surprise.

Of course, that why you pay for their service. Verifying payment is one of their job.

 

[gambites]

I uses paypal and have no issue with it. If your items are big ticket item, maybe you can do a phone verification to confirm the order. That is what i do when customers purchase over x amount of items.

 

[sarmatis]

It's not your concern if someone lost /(exposed to somebody) their Paypal informations.

 

[seoguru13]

Trust me, paypal does zero verification or fraud protection. If the buyer does an unauthorized chargeback or files some other dispute, your money will be refunded by paypal; it's a bitch! I'd advice authorize.net if you are from USA/Canada, or 2checkout; they got pretty strong fraud protection measures.