How to Reduce Credit Card Refunds from Digital Thieves

Can you encounter the number of times where a
Credit Card Sale was generated, only to receive
a "Refund Notification" from your contracted
e-commerce processor on behalf the "customer"?

Welcome to the electronic world of "cyber-shoplifting".

Unscrupulous surfers, disguised as potential
"customers", systematically opt to ordering goods
(using credit cards) in electronic form of delivery,
only to request a refund minutes or days later after
receiving the product.

The "cyber thieves" consent the well-known
"loophole" of specific e-commerce processors
who deploy a "no questions asked" refund policy.

Some... might concur to the predicament that a
"liberal refund policy" boosts sales, but it is
statistically verified that these claims are
unthinkingly based gross sales figures,
where refunds are *not* accumulated to
extract the "net profit" (minus refunds).

In numerous cases, the cyber thieves
(or else called freebie hunters) automate
their thievery, by using pre-made templates
to ask for a refund, in order to save time
and reap as many digital products as possible,
for gratis.

A portion of cyber thieves, download a
digital product, whether ebook or software,
only to illegally sell it online at eBay or
sell it in "warez sites".

Optimistically, these unprincipled pinches are
either prosecuted to the fullest extend of the
law, for infringement of copyrights, or face
imprisonment along with heavy fines.

So if you want to avoid getting targeted
by cyber thieves (and losing thousands),
the wisest approach is to conduct business
with an e-commerce processor who will protect
you against dodgy "freebie hunters"
(see http://traffic-engine.net/stormpay
for a genuine payment processor).

After all, it is *your duty* to forming your
own "refunds policy", not your processor's.

George Papazoglou is the author behind http://cyber-software.com
This article may be freely distributed / republished, as long as it contains the author's credits and the precise entirety of the provided article, titled: "How to Eliminate Credit Card Refunds from 'Digital Thieves'".

---

Write Your eBook Fast: First Steps to Finishing Line

Why write an eBook?You want ongoing, lifelong multiple streams of... Read More

How One eBook Author Writes eBooks

How does this eBook writing process actually work for an... Read More

7 Secrets to Explode your eBook Sales! Part 3

Secret #3: Creating an avalanche of sales with Freeware/Shareware sites:Copyright... Read More

Ebooks Are The BEST Form Of Advertising!

Ebooks are part of the new frontier of cyberspace. They... Read More

Use eBooks To Expand or Explode Your Business

As we discussed in an earlier article the advantages of... Read More

Demand for E-books on the Increase

Demand for electronic books, or e-books, has created one of... Read More

5 Sizzling Tips to Creating a Money Making E-book

5 Sizzling Tips to Create a Winning E-bookIf you have... Read More

10 Excuses for NOT Authoring an eBook!

Most people at one time or another have said to... Read More

How to Leverage Your Business with a Free eBook

Free has a magical property of attracting even the most... Read More

10 Steps to Author 1 eBook

Authoring a book, specifically an eBook (electronic book), is easy,... Read More

Online Promotion: 20 Phenomenal Tricks To Sky-rocket Your Traffic And Sales With eBooks

There are many authors who have made a killing with... Read More

How To Create and Market Your own E-Book

The Internet presents an amazing opportunity foranyone who knows how... Read More

Delivering Your E-book

Much of the attraction of e-books is that they can... Read More

E-book Security Anxiety

You are not alone. Tons of people are nervous that... Read More

5 Guaranteed Ways To Snowball Your Resale Right Profits

Resale Right Products are a huge market. Unfortunately, may people... Read More

(Emerging) Books

A novel re-definition through experimentation of the classical format of... Read More

7 Secrets to Explode your eBook Sales! Part 2

Secret #2: Creating your Marketing Timeline for Success!Copyright 2004 Bluedolphin... Read More

How to Harness the Power of Ebooks for the Benefit of Your Website!

Ebooks can be a powerful tool when it comes to... Read More

Neighborhood Mobile Watch Program

Setting up a Neighborhood Mobile Watch Program in your community... Read More

Top Ten Tips To Get Started Writing Your Book - Part 1

You are far more likely to successfully write and publish... Read More

Reflection for Personal and Professional Development

Whatever you can do, Or dream you can, begin it.... Read More

Internet Business Model For Selling A Single, Unique Product

An e-book is a single, unique product. It's unique because... Read More

7 Simple Ways To Boost Your E-Book Sales

You can often dramatically increase your E-Book salesby making a... Read More

Making Money With Information Products

I actually know a few... Read More

7 Secrets to Explode your eBook Sales! Part 6

Secret #6: Creating momentum and identity through Book Sellers!Aho99% of... Read More

The Story of a Downsized Manager and His Ebook Business

If you've been following the business and economic news around... Read More

How To Rebrand Your eBook Using Active eBook Compiler

Complete all the pages for your eBook in HTML format.... Read More

Sell 100,000 eBooks By Letting It Be Read For Free?

Did you know that if just one person goes into... Read More

The REAL Info Products Secret and How to Get Out of the Cycle

Most "info-products" revolve around Internet marketing, and get rich quick... Read More

Goals and Objectives in Authoring an eBook

Goals begin behaviour, consequences maintain behaviour!IntroductionIt is ESSENTIAL to set... Read More

How eBooks Can Be Used As An Online Business

Times are hard today! Though the economic data would indicate... Read More

Your e-Book - 7 Best Reasons to Create Your First e-Book

1) Speed to market - One of the biggest problems... Read More

Look How Easy It Is To Write Your Own eBook

What happens when you stumble across a promising market, idea... Read More