E-Commerce News: M-Commerce: Telltale Signs of E-Commerce Fraud

To identify fraud, there are some red flags that all businesses should be aware of. Some of the red flags include the following:

* Order velocities -- Defined as multiple orders placed within the same day, hour or minute, they typically appear from one device, one address, one card or one user ID.

* Risky street addresses -- Often, you can accurately estimate the level of risk of carrying out an order by utilizing the Google (Nasdaq: GOOG) More about Google Maps Street View to determine the location of the shipping address. If the address looks like an abandoned building, making a call to validate the card holder really made the purchase is advised.

* Anonymous/free email accounts -- These email accounts illustrate a higher percentage of fraud activity than those associated with a paid Internet service provider or a company email address.

E-Commerce News: M-Commerce: Telltale Signs of E-Commerce Fraud

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