CATEGORIES Auto & Trucks Business & Finance Computers & Internet Education Family Food & Drink Gadgets and Gizmos Health Hobbies Home Improvement Humor Kids & Teens Legal Marketing Men Music and Movies Online Business Parenting Pets and Animals Politics and Government Recreation & Sports Relationships Religion and Faith Self Improvement Site Promotion Travel & Leisure Web Development Women Writing Keyword Search Article Title Author's Name SITE MENU Search Submit An Article Submit Articles in Bulk Submit Press Release Syndicate Articles Distribute Articles Privacy Policy Terms of Use Link To Us Contact Us Site Map Home

How to Eliminate Credit Card Refunds from 'Digital Thieves'  by: George Papazoglou Can you encounter the number of times where a Credit Card Sale was generated, only to receive a "Refund Notification" from your contracted e-commerce processor on behalf the "customer"? Welcome to the electronic world of "cyber-shoplifting". Unscrupulous surfers, disguised as potential "customers", systematically opt to ordering goods (using credit cards) in electronic form of delivery, only to request a refund minutes or days later after receiving the product. The "cyber thieves" consent the well-known "loophole" of specific e-commerce processors who deploy a "no questions asked" refund policy. Some... might concur to the predicament that a "liberal refund policy" boosts sales, but it is statistically verified that these claims are unthinkingly based gross sales figures, where refunds are *not* accumulated to extract the "net profit" (minus refunds). In numerous cases, the cyber thieves (or else called freebie hunters) automate their thievery, by using pre-made templates to ask for a refund, in order to save time and reap as many digital products as possible, for gratis. A portion of cyber thieves, download a digital product, whether ebook or software, only to illegally sell it online 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 avoid getting targeted by cyber thieves (and losing thousands), the wisest approach is to conduct business with an e-commerce processor who will protect you against dodgy "freebie hunters" (see http://traffic-engine.net/stormpay for a genuine payment processor). After all, it is *your duty* to forming your own "refunds policy", not your processor's. About The Author George Papazoglou is the author behind http://cyber-software.com This article may be freely distributed / republished, as long as it contains the author's credits and the precise entirety of the provided article, titled: "How to Eliminate Credit Card Refunds from 'Digital Thieves'". This article was posted on September 01, 2004 Read More Articles from the "Online Business" Category: Achieve Success With Your Own Money - Making Newsletter by Dirk Wagner Too Much Choice Can Kill Your Business - How To Stay Focused On Profits by Jason Jantzi Internet Nostalgia - Remember "This Dumb Little Ad?" by Cathy Bryant How To Guide On Selling On E-Bay by David Riewe How Stay at Home Moms and Dads Can Generate a Second Income by Lynn VanDyke SEO Like a Professional by a Newbie by Steven Smith Using Adsense Templates To Boost Your Site by Seth Willis Jr. Would YOU Like To Work In The Comfort Of Youre Own Home ? by Michel Richer Three Key Facets Of Successful Network Marketing by Kirk Bannerman Using Forums to Promote Your Business by Megan Corwin << Back to "Online Business" Index

Disclaimer: The information presented and opinions expressed herein are those of the authors
and do not necessarily represent the views of ArticleCity.com and/or its partners.

	Web www.articlecity.com