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11 03, 2020

Understanding and Identifying Chargeback Fraud

Friendly Fraud Part 1 – Understanding and identifying chargeback fraud Friendly fraud, also known as chargeback fraud or digital transaction fraud, is a common problem faced by modern businesses. This type of fraud affects both online and physical stores and is widespread across industry sectors.[...]
13 02, 2020

The Importance of Proactive Fraud Prevention

By Benjamin Grossman | February 13th, 2020 | Fraud Prevention
Operating a business in the modern world is full of challenges and opportunities. Along with producing great products and services, it’s important to protect yourself financially. The reality is, businesses lose money through fraud all the time, so you’ll want to stay on your toes when it comes to[...]
16 09, 2019

Types of Credit Card Fraud | Pinpoint Payments | Payment Processing Solutions

By Benjamin Grossman | September 16th, 2019 | Fraud Prevention, blogs
Credit card fraud accounts for about 30% of identity theft cases. As more and more people turn to ecommerce for shopping as well as starting a business or taking their existing one online, the importance of keeping your data safe has never been more important. At Pinpoint Payments, we have[...]
10 09, 2019

Black Market that Targets Stolen Credit Cards

Did you know that there is a market for stolen credit cards? The black market is a multi-million dollar business devoted to buying and selling credit cards that cause your business to lose out on its revenue. Due to the fact that credit cards are the primary form of payment, this information can be[...]
22 05, 2019

Card Not Present Transactions | Pinpoint Payments | Payment Processing Solutions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. These types of payment options are called card not present transactions.
13 02, 2019

Charge Back Resolutions | Pinpoint Payments | Payment Processing Solutions

13 02, 2019

8 Simple Yet Highly Effective Tips to Prevent Credit Card Fraud

Credit card fraud is no joke; according to Forbes, merchants in the United States are losing approximately $190 billion a year to credit card fraud. Customers of banks lose around $4.8 billion, with banks themselves losing an additional $11 billion. The scale of this problem is massive, with credit[...]
25 01, 2019

High Risk Businesses | Pinpoint Payments | Payment Processing Solutions

A business is considered high-risk when it meets one of two conditions. The first is that it operates in an industry that is considered high-risk, or prone to health concerns or controversial practices. These types of businesses include software, health and wellness, travel and hospitality, legal[...]
14 11, 2017

Card-Not-Present Fraud | Pinpoint Payments | Payment Processing Solutions

By Benjamin Grossman | November 14th, 2017 | Fraud Prevention, eCommerce, blogs
It was a revolution when we stopped having to sign carbon paper credit card slips. Then came the fateful day we no longer had to call the credit card company for authorization. As convenient as credit card transactions have become, cardholders are understandably anxious about the possibility of[...]
06 06, 2017

Optimize every screen | Pinpoint Payments | Payment Processing Solutions

By Benjamin Grossman | June 06th, 2017 | Fraud Prevention, blogs
It takes more than a landing page to land a sale. The order page, the payment info page… every step in the user experience can win and cost you customers. Your main goal is always to reduce exit rates and move visitors down the funnel.