person putting credit card information into a laptop

Protect Your Business From Credit Card Fraud

As a business owner, you don’t enjoy the same protections against credit card fraud that federal law extends to consumers. If you lose money due to someone making a purchase with a stolen credit card, you have only a 60 percent chance of recouping your loss. In 2014, credit card fraud cost U.S. business owners over $32 billion. Here’s a quick review of basic measures you can take to protect your business from credit card fraud.