Many people have had their credit cards compromised. Business owners or the persons whose information is used for the fraudulent operations often bear the resulting financial responsibilities despite being the victims. It is crucial for you to take the necessary precautionary steps to protect your business against credit card skimmers and free yourself from possible losses that may come from credit card theft. When applying for a merchant account, you agree to terms and conditions, one of them being to pay a certain fee for every credit card payment.
Such payment is not charged directly from your credit card machine but from your daily overall. This payment can either be done automatically or manually; the importance of this method of payment is to give you time to monitor and verify if the transactions you made all day are valid. Consider following these directions to protect your business from credit card skimming.
Ensuring to Check for Tampering
Make a habit of checking your merchant bank credit card processor for signs of interference at least three times a day. The reason is that a majority of skimmers tamper with credit card machines before making unauthorized payments. If you conduct such routine checks–for instance in the morning, afternoon, early evening, and during close time–to ensure your machines are working correctly and nothing has been inserted in them, it will be possible to avert fraudulent dealings. Read more on this article: http://bit.ly/2qU1fqB
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