Today’s video goes over Credit Card Frauds and the new Credit Card Fraud Liability shifts on October 15, 2015. Just recently I actually experienced credit card fraud on my new card! Pretty crazy, I had a bunch of unknown transactions on my card via online, at stores, pizza shops, food, to everything. It was insane, and was $1000’s of dollars!
Anyways, today we dive deep into talking about how these frauds come about and what to look out for from a merchants perspective and consumer. Enjoy!
For more details, I would highly recommend you checkout Bob’s blogpost on this – http://www.pos-advice.com/credit-card-fraud/ . You will get more insights and if you are a restaurant I highly recommend you give it a read through and keep in mind the October 15 date, and consider taking action on this new regulation!
Have a great weekend! 🙂
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