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November 13, 2019
Credit card fraud doesn’t discriminate. While many small businesses think they are too insignificant to be of interest to fraudsters, the exact opposite is true.
Security experts agree that small businesses are appealing targets precisely because of their size— and because they are less likely to put the necessary resources toward protecting themselves. That’s why it’s important to be aware of the most common card fraud scenarios and how you mitigate your risk.
Here are the top five types of credit card fraud:
The impact of payment card fraud can be much more significant for small businesses that often don’t have the time and resources to deal with the fallout. A loss of even a few hundred pounds a month will have a much greater impact on a smaller business than a major retailer.
Don’t wait. Contact us to enquire about the tools, services, and professional guidance Worldpay from FIS offers that can help protect your small business from payment fraud.
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