Selling online? Use this 10-point checklist to protect yourself from credit card fraud

Selling goods and services online can be an excellent way to build a business, says Brendon Williamson of PayGate — but online retailers must get the security basics right to avoid being taken for a ride by fraudsters using stolen credit cards and fake identities.

There’s a thriving global market in stolen credit card numbers, and fraudsters know exactly how to use them to make a quick, low-risk profit. Fortunately, there are some relatively simple precautions that online retailers can take to protect themselves. One of the most important is to know what the red flags are that indicate possible suspect transactions.

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