How can I prevent fraudulent payments in my online store?
To prevent fraudulent payments, consider implementing strong authentication methods, such as 2FA, and using fraud detection tools.
What are some common signs of fraudulent transactions?
Common signs include mismatched billing and shipping addresses, multiple purchases in a short time, and unusual payment methods.
Should I use a payment gateway for added security?
Yes, using a reputable payment gateway can enhance security by providing encryption and fraud detection services.
Are there specific tools you recommend for fraud detection?
Some popular tools include Stripe Radar, PayPal's fraud detection, and Sift. Each offers unique features for monitoring transactions.
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