How to Reduce Credit Card Refunds from Digital Thieves
Can you encounter the quantity of times exactly where a
Credit Card Sale was generated, only to receive
a “Refund Notification” from your contracted
e-commerce processor on behalf the “consumer”?
Welcome to the electronic globe of “cyber-shoplifting”.
Unscrupulous surfers, disguised as potential
“clients”, systematically opt to ordering goods
(using credit score cards) in electronic type of delivery,
only to request a refund minutes or days later following
getting the item.
The “cyber thieves” consent the nicely-known
“loophole” of specific e-commerce processors
who deploy a “no questions asked” refund policy.
Some… may concur to the predicament that a
“liberal refund policy” boosts product sales, but it is
statistically verified that these claims are
unthinkingly based gross product sales figures,
exactly where refunds are *not* accumulated to
extract the “internet profit” (minus refunds).
In numerous cases, the cyber thieves
(or else known as freebie hunters) automate
their thievery, by using pre-made templates
to inquire for a refund, in order to conserve time
and reap as many digital products as feasible,
for gratis.
A part of cyber thieves, download a
digital item, whether or not e-book or software,
only to illegally market it on-line at eBay or
market it in “warez websites”.
Optimistically, these unprincipled pinches are
both prosecuted to the fullest extend of the
law, for infringement of copyrights, or encounter
imprisonment along with heavy fines.
So if you want to steer clear of obtaining targeted
by cyber thieves (and dropping 1000′s),
the wisest approach is to conduct business
with an e-commerce processor who will protect
you against dodgy “freebie hunters”
(see http://traffic-engine.net/stormpay
for a genuine payment processor).
Following all, it is *your duty* to forming your
personal “refunds policy”, not your processor’s.
George Papazoglou is the writer behind http://cyber-software.com
This article might be freely distributed / republished, as long as it contains the author’s credits and the precise entirety of the supplied article, titled: “How to Get rid of Credit Card Refunds from ‘Digital Thieves’”.