More small businesses are calling a helpline about payment processing fraud, because they are not using sufficient security to spot fraudsters.
The Forum of Private Business (FPB) says that business owners have little or no experience in the contractual processes that can be involved in taking card payments online.
Increasing security measures can prevent fraud
The FPB is advising small businesses to bring in measures to spot fraudulent activities early. This can include scrutinising orders and information provided by major credit card companies, and using additional security modules to online transaction processes offered by the major credit card companies.
Read more about payment processing fraud on the FPB’s website.
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To report a fraud, call Action Fraud on 0300 123 2040 or use our online fraud reporting tool.