Wednesday, 12 October 2016 01:49

10-12-2016 - FRF's Weekly Loss Prevention Tips

Rate this item
(0 votes)

Basic Tip: Fraudulent use of a credit card is overwhelmingly the #1 chargeback retailers are facing today. Some warning signs of possible fraudulent use of a credit card are: Selection of merchandise without paying attention to price, size or color or items and not trying them on if apparel and/or purchase of either large quantities or large dollar amount gift cards especially when it is not during a holiday.

Advanced Tip: Not fully EMV (Chip and Pin) compliant? One of the things you can do is to verify the last 4 digits of the physical card compared to what is shown on your register or receipt. If the numbers do not match – then either cancel or void the transaction and request another form of payment.

Read 3146 times Last modified on Tuesday, 11 October 2016 16:29

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.