Credit card fraud can happen in a variety of ways from low tech dumpster diving to high tech cyber thieves. Thieves have been known to go through garbage looking for bank statements, waiters can quickly get your information when they take your card and don’t forget online safety concerns. Here are a few practical tips you should follow to avoid credit card fraud.
1. Don’t give your account number to anyone on the phone. Unless you have personally made the call to a company and you know they are reputable. For example, if you’re contacted and the caller needs you to verify your personal information or account information. Legitimate companies don’t call you to ask for a credit card number over the phone.
2. Open your bills promptly or check them online often and reconcile them with the purchases you have made.
3. Never respond to emails that request you provide your credit card info via email. Also, don’t ever respond to emails that ask you to go to a website to verify personal or credit card information. These are called ‘phishing’ scams.
4. Shred anything with your credit card number on it. It is also a good practice to shred those annoying credit card offers.
5. Review your billing or online statements regularly. Unauthorized charges on your credit card are the first indicator of credit card fraud. If you notice a charge you didn’t make, no matter how small, report the charge to your credit card issuer immediately. Your credit card issuer will tell you whether you should close your account to avoid credit card fraud.
Avoiding fraud and maintaining high security is always a top priority for us here at Frontline Processing! Contact us today for all your credit card processing and merchant services needs! Contact Frontline Processing