eCommerce Fraud: 8 Ways to Protect Your Website
eCommerce fraud can be incredibly costly for your business. With fraudsters adopting various techniques to target you and your customers, taking the right steps towards protecting your website is essential.
Here are 8 ways you can ensure that your online store, your customers and their data are all well protected:
- Ensure AVS (Address Verification System) and CVV Card Verification Value are enabled by your payment processor and that these details match for each transaction.
- Integrate an IP blocking and IP banning tool on your website to block potential fraudulent orders.
- Keep your payment gateway’s API key info in a safe place and never share with anyone.
- Require login or session validation when performing certain actions, such as creating an account or making a purchase and limit the number of new customers that can be created by a single IP in one day.
- Monitor for any suspicious transactions or activity from similar IP addresses.
- Enable 3D Secure (3DS is now a legal requirement for most EEA countries and as of 14 September 2021 this will also be the case for the UK).
- Enable Captcha on your website.
- Utilise fraud prevention plugins or third-party apps offered by your eCommerce platform that prevent, or limit gateway fraud.
Want to know more?
For more tips on growing your eCommerce business, search #PixxlesPowerUps. Watch our eCommerce video guides here or visit our resources page to read more helpful blogs.