Blog: fraud prevention
3 Great Fraud Prevention Tools for Your Magento Store
As you probably know, EMV network rules are changing within a couple of months, in October. The chip cards will be introduced through all of the issuers, which should decrease the number of fraudulent transactions and make credit card payments more secure. While this makes it a lot harder to steal credit card info in ‘card present’ situations, the issues with online sales still remain.
In fact, online transactions may become the focus of criminal activities, involving credit cards. As criminals will find it harder and harder to steal from chip cards, you can expect more of them to turn their attention towards online credit card payments.
So now is a good time to think about your online store’s fraud prevention tactics and how you can improve them. We’ve prepared a short list of great Magento solutions, which can help you fight fraudulent transactions.