Smart Tips from John Haire at Bankcard Processors...
The holiday rush is a wonderful time for business — but it’s also when fraudsters work overtime. With more transactions, online orders, and busy staff, scammers see opportunity. That’s why this time of year is the most important for merchants to stay alert and take simple steps to protect both your business and your customers.
Here are a few ways to keep your payment processing safe this holiday season:
1. Stay Alert to Suspicious Transactions
Watch for unusual orders — large purchases from new customers, mismatched billing and shipping addresses, or multiple cards used by the same person in a short period. When in doubt, verify before you process.
2. Keep Your Equipment Secure and Updated
Make sure your credit card terminals, POS systems, and online gateways are running the latest software updates. Outdated equipment can leave your business vulnerable to breaches or data theft.
3. Train Your Team
Your staff is your first line of defense. Remind employees not to override fraud alerts, skip signature checks, or process transactions when something feels “off.” Encourage them to trust their instincts.
4. Watch Out for Phishing and Account Takeovers
During the holidays, scammers often pose as your processor, bank, or even a familiar vendor. Never share login information, passwords, or account details over email or text — and contact your processor directly if something looks suspicious.
5. Reconcile Daily and Review Chargebacks Quickly
Catching discrepancies early can prevent larger issues later. Daily reconciliations help you spot unauthorized transactions, and timely responses to chargebacks protect your revenue.
At Bankcard Processors, we take your security seriously — from PCI compliance to fraud monitoring and data protection. If you’d like help reviewing your setup or tightening your fraud prevention measures before the holidays, I’m here to help.
This season, let’s keep your business merry, bright, and secure.
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