Internet Small Business and Fraud

Be careful of sites that promise to send you "instant pins". These companies usually have lax credit card security and can afford customer charge backs from fraudulent transactions. Instant gratification, so coveted by our lifestyles, is something to be very wary of in the realm of online business.

Sites that approve your credit card use only simple information that can be easily stolen from you via statement or computer hacking constitute the vast majority of online business. From the point of view of the consumer, this kind service is best and most convenient. However, the small business owner can acquire a potential nightmare if the outmost care is not taken when approving transactions.

The best method of fighting this kind of credit card fraud is too costly and time consuming for huge companies that deal with thousands of transaction per day. For these companies, a couple of stolen identities present only a minor problem as chargeback's take time and effort; while many fraudulent credit card transactions are never reported.

For prepaid telecom a company, the way to fight this kind of fraud is to makes sure that every single order is verified by phone. Sometimes it is a nuisance to have to wait for a pin to arrive and to wonder where it is. On the other hand the consumer should be grateful that the company is taking such steps to protect itself and the consumer from possible fraud.

Every customer has the right to know that their credit information is safe and that the merchant takes great care to make sure that fraud is perpetrated neither against the company nor against the consumer.

Gene Leshinsky EnkiTel Communications http://www.enkitel.com

EnkiTel Communications is a telecom marketing company specializing in prepaid dial around international phone plans. We are committed to the safe records of all of our customers and have excellent systems in place to prevent fraud.

In The News:

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How to digitally secure your smart home  Popular ScienceIf you've filled your house with internet-connected gadgets, you need to make sure nobody can access them. Here's how to secure your smart home.
Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+  CointelegraphIndependent security analysts at ICORating have given 16 percent of the world's biggest crypto trading platforms an A rating, and none an A+.
Diana's ex bodyguard criticises Meghan's security team over Fiji market scare  Mirror OnlinePrincess Diana's former bodyguard has criticised a "lack of experience" in Meghan Markle's security team after analysing footage of her scare at a market in Fiji.
Merchant Security guide directing traffic hit by car in Huber Heights  WHIOA Merchant Security *Service* guide who was helping direct traffic at Wayne High School was hit by a vehicle Thursday afternoon.
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Isro to launch exclusive satellite to help MHA secure borders  Times of IndiaIndia News: NEW DELHI: Indian Space Research Organisation (Isro) will soon launch exclusive satellite that will help home ministry manage borders more ...
Nancy Pelosi Cites "Security" Concerns For Uninviting Trump From State Of The Union: "He Can Make It From The Oval Office"  RealClearPoliticsHouse Speaker Nancy Pelosi told reporters from NBC News Wednesday that with Homeland Security and the Secret *Service* impacted by the partial government ...
Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens  CointelegraphNews. Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security ...
Italian security officers leave Gaza after standoff with Hamas  The Times of IsraelSource in Strip says 3 were given permission to depart Palestinian enclave after being cleared by ruling terror group of wrongdoing.

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