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Credit Card Fraud

Ever wondered what would happen if one of your customers became a victim of credit card fraud due to a vulnerability at your place of business?  Could the relationship ever be repaired or would that be one customer lost forever?  Take a look at some of the sobering statistics:

  • A full 43% of consumers who become victims of fraud will avoid the merchant entirely and in fact, will go out of their way to trade with the competition.
  • Another 31% will scale back their time and will spend less with you and your company.

Credit card fraud rose to $22 billion in 2008 alone and the costs associated with repairing the damage done by fraudulent efforts rose to $6.7 million in 2009.

Those statistics are staggering, to say the least.  How well do you trust your credit card processing account?  How about the company that provides your credit card processing services?  FDIS is an industry leader in all things related to merchant account credit card processing and our security measures are unmatched.  With state of the art encryption and tokenization methods, you can rest easy you and your customers’ information is never left vulnerable.  Our networks ensure information is never sent in plain text (where it becomes a target for thieves) the channels we use are always secure via a vaulted channel.

Want to learn more about how FDIS can help you keep those customers who have been so loyal?  We can show you how to improve your credit card processing services so that those clients rest easy any time they make a purchase with their debit or credit cards or personal checks.  Visit our site today or give us a call at 877-550-8671 to discuss your needs.

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