[fusion_builder_container background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_aspect_ratio=”16:9″ overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” padding_top=”20″ padding_bottom=”20″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no”][fusion_builder_row][fusion_builder_column type=”3_4″ layout=”3_4″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=”” min_height=””][fusion_title size=”1″ content_align=”left” style_type=”none”]Securing Your Business: How to Protect Card Information[/fusion_title][fusion_imageframe lightbox=”no” style_type=”none” hover_type=”none” bordersize=”0px” borderradius=”0″ align=”none” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ hide_on_mobile=”no”] 
[/fusion_imageframe][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sep_color=”#ffffff” top_margin=”20″ bottom_margin=”20″ alignment=”center” /][fusion_text]
Protecting your business from credit card fraud is critical to overall success. In the event of a data breach, unprotected information could be lost, and your business could suffer severe financial losses. Here are some tips to help you learn how to protect card information.
[/fusion_text][fusion_title size=”2″ content_align=”left” style_type=”none”]How Does Credit Card Fraud Happen?[/fusion_title][fusion_text]Fraud occurs when credit card information is stolen during a transaction, and there are a number of ways this can happen.
- Lost or Stolen Cards
- The simplest way for thieves to gain access to personal information is by using lost or stolen credit cards, which can be as easy as stealing a new credit card from your mailbox.
- Emails and Loose/Paper Documents Containing Credit Card Information
- Thieves can also send unsolicited emails and dig through your personal records, so it is important to shred any documents containing confidential credit card information
- Skimming and Skimmer
- Other forms of fraud, such as skimming, are not as noticeable. Skimming can occur if a business owner or employee “forgets” to process a transaction and pockets the money for personal use.
- Skimmers can also be installed in physical terminals at gas stations or ATM’s, and are often unrecognizable to consumers. Each time a credit card is swiped, data is stored inside the skimming device. After a few days, skimmers will return to replace the original card reader and leave with a database full of hundreds of sensitive credit card details.
[/fusion_text][fusion_imageframe lightbox=”no” style_type=”none” hover_type=”none” bordersize=”0px” borderradius=”0″ align=”none” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ hide_on_mobile=”no”] 
[/fusion_imageframe][fusion_title size=”2″ content_align=”left” style_type=”none”]4 Ways to Protect Your Business Data[/fusion_title][fusion_text]It is important to know how to protect card information from fraud. Take precautionary measures to ensure your business data remains secure.
- Set Up Mobile Banking Alerts
- If you have an online bank account, you can set up mobile banking alerts to be notified immediately of any suspicious card activity.
- Monitor Accounts Regularly
- Be aware of what you’re spending, and where your purchases are being made
- Notify Your Bank
- If you notice any unusual purchases, contact your bank directly so they can investigate the charges and settle any financial disputes.
- Utilize Tokenization
- Tokenization utilizes advances payment gateway software to secure credit card information. Tokenization creates a unique code which is only decipherable with the proper tokenization system, making it extremely difficult for hackers to steal your data.
[/fusion_text][fusion_title size=”2″ content_align=”left” style_type=”none”]How Do You Process Transactions?[/fusion_title][fusion_text]The method in which you process transactions can greatly affect your company’s credit card security.
- Card-Present Transactions
- Any transaction where the credit card is manually swiped through a physical terminal
- Installing EMV-compatible terminals can help safeguard against fraud for card-present transactions.
- Credit cards are able to be physically verified in person
- Card-Not-Present Transactions
- This is when you manually enter the credit card information into a virtual gateway, and the card is not being swiped through a physical terminal.
- Can carry a higher fraud risk since neither the cardholder nor the credit card are physically present.
- Utilizing tokenization can help secure credit card data when performing card-not-present transaction
[/fusion_text][fusion_text]
On average, 10% of Americans have been victims of credit card fraud, resulting in over $5 billion in credit card fraud worldwide. When it comes to securing your data, business owners should know how to protect card information.
[/fusion_text][fusion_text]To learn more about how to protect card information from fraud, click here[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_4″ layout=”1_4″ last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=”” min_height=””][fusion_title size=”1″ content_align=”left” style_type=”none”]Contact Us![/fusion_title][fusion_code]W3ZmYiBpZD05MV0=[/fusion_code][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
