Can you encounter the number of occasions exactly where a Credit score Card Sale was generated, only to receive a “Refund Notification” from your contracted e-commerce processor on behalf the “consumer”?

Welcome to the digital globe of “cyber-shoplifting”.

Unscrupulous surfers, disguised as possible “clients”, systematically opt to buying goods (using credit score score cards) in digital type of delivery, only to request a refund minutes or days later on subsequent receiving the product.

The “cyber thieves” consent the nicely-recognized “loophole” of specific e-commerce processors who deploy a “no concerns asked” refund policy.

Some… may concur to the predicament that a “liberal refund policy” boosts product sales, but it is statistically verified that these statements are unthinkingly mainly based gross product sales figures, exactly where refunds are *not* accumulated to extract the “web profit” (minus refunds).

In numerous situations, the cyber thieves (or else recognized as freebie hunters) automate their thievery, by using pre-produced templates to ask for a refund, in buy to save time and reap as numerous digital goods as feasible, for gratis.

A portion of cyber thieves, download a digital product, whether or not or not ebook or software program, only to illegally sell it on-line at eBay or sell it in “warez sites”.

Optimistically, these unprincipled pinches are either prosecuted to the fullest extend of the law, for infringement of copyrights, or face imprisonment along with heavy fines.

So if you want to steer obvious of obtaining targeted by cyber thieves (and dropping 1000′s), the wisest technique is to conduct business with an e-commerce processor who will safeguard you in opposition to dodgy “freebie hunters” (see http://traffic-engine.net/stormpay for a actual payment processor).

Following all, it is *your duty* to forming your very own “refunds policy”, not your processor’s.

About The Writer

George Papazoglou is the author powering http://cyber-software.com

This article may be freely distributed / republished, as long as it consists of the author’s credits and the precise entirety of the supplied article, titled: “How to Get rid of Credit score Card Refunds from ‘Digital Thieves’”.