Internet merchants fight back on fraud

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00021250-internet-merchants-fight-back-on-fraud/

With an increase in online purchase fraud, more and more retailers are fighting back ? and winning.

Used to be, customers could make purchases and then dispute the charges afterwards, leading to hundreds of millions of dollars in lost online revenue. According to an Associated Press story filed yesterday, what had once been seen as simply a hidden ? and expensive ? cost of online retailing is now where online retailers are pushing back.

Increasingly, internet companies are turning to third-party vendors like Receivable Management Services, a company that fights chargebacks on behalf of online retailers, to spot fraud and potential fraud before it happens.

You can read more of this story at Internet Merchants Fight Back on Fraud.