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Describe the Major Issues in Fraudulent Orders Perpetrated Against Online Merchants. What Measures Should Be Implemented to Combat These Issues?

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Describe the Major Issues in Fraudulent Orders Perpetrated Against Online Merchants. What Measures Should Be Implemented to Combat These Issues?

1. What types of e-payment systems should B2C merchants support?
As there are still many consumers who are still quite cautious in regards to the perceived security concerns of n Online Payment systems , I think merchants should support various types of processes in order to facilitate the buying process for those who may not have or don’t want to use credit cards .
E-Cheques,Virtual credit cards, Gift cards,and Paypal are very user friendly and easily accessible. I know that from my own experiences, I have made many purchases using Paypal and have never had a security issue or concern, If I had I think it may have limited my willingness to continue with online purchases and I’m sure other new Web purchasers would feel the same. For me, Paypal built that trust by being used by many, advertising as well as being now owned by Ebay, another well respected E-Auction presence on the web.
2. Describe the major issues in fraudulent orders perpetrated against online merchants. What measures should be implemented to combat these issues?
One of the major issues facing online merchants is that should they accept the transaction, they are then responsible for the associated costs of the processing from the Credit card companies as well as the lost goods and shipping charges. Even with security checks and balances, there is also the possibility of rejecting valid orders which of course results in additional lost revenue. Measures used to combat these issues are:
Address Verification System (AVS) – Simply having the client type in their address. Should the address match the one on file, the process continues, if not the transaction is stalled. The risk with this is that there many not be anything wrong at all and the sale could

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