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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   View More Videos from the "Online Business" category: How to Get Cheap Stuff On The Web 6 Ways to Manage IT Growth Quick And Easy Blogging Riches, The Golden Terd How to Keep Data Under Control   Read More Articles from the "Online Business" Category: Future of SEO in India by Meenka Pandita A-Z Of An Online Business – Professional Methods That Worked For Professionals by Moe Loubani Herb Filled Pillows Make Over a Million Dollars by Stephen Bucaro 8 Steps for Getting Free Traffic to Your Website by Matt Brooks 14 Ways To Persuade Your Web Site Visitors To Give You Their Email Addresses by Keith Gloster Top 10 MLM Secrets to Success by Anthony Harris Can SEO Services Work for Small Businesses? by Alan Smith Becoming Like Brian Keith Voiles by Steven Gerber The Easiest Way to Become an Internet Article Writer by Ed Bagley Why 95% Of Network Marketers Fail, And How To Be One Of The 5% That Succeed by Gavin Martin-Rentz << Back to "Online Business" Index

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