As online business, you are open to fraud. In all honesty, there is absolutely no 100% mechanism to stop scam. But there are a few tips to minimize the scam:
- Some countries have much higher risks than others when conducting business overseas. Watch the orders from overseas countries
- Watch bulk requests. Criminals will commonly order in bulk
- Watch orders with different delivery and billing address
- Track and watch the customer’s ip.
- Check customer’s geolocation of the ip to billing and shipping address
- Watch orders finished with free e-mails
- Compare BIN code of the credit-based card to billing address
- AVS (Address Confirmation Systems) helps you correlate credit card with billing/shipping address
- Call the client (That’s where onverify. com stands, will the automatic calling)
- Compare contact number with addresses. Although mobile statistics are non-geographical volumes, fixed line volumes convert to geographic information
- Keep a history of good or bad orders.
- Build a fraudulence rating system with all above information and previous requests (good or bad)