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"

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


More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More E-Books Information:

Related Articles

RELATED ARTICLES
Ebooks Are The BEST Form Of Advertising!
Ebooks are part of the new frontier of cyberspace. They are an entirely new medium for sharing marketing information, ideas, techniques, and expert knowledge.
10 Ways To Make Money With eBooks
Ask any internet marketing "guru" and they will tell you the same thing:"Sooner or later you will have to have your own product to sell."The fact is, the easiest product to make and sell is an ebook.
The Bible of Marketing Ebooks
The ebook from Michael Cheney really is the bible when it comes to make a successful website.I highly recommend this ebook.
Price your eBook to Sell Well
Q. The big question asked me in teleclasses or client sessions is "How should I price my eBook?A.
For Wannabe eBook Authors - 5 Key Questions
Are YOU ready for the eBook authoring adventure? Do you have what it takes to author an eBook? Is there an eBook author inside of you? Are you not sure whether or not you have what it takes to write that book that's been living inside of you for years? Are you reluctant to start writing your eBook, fearing that you won't complete it?Let's examine your attitudes, skills and knowledge that you bring to the eBook authoring process. Let's look at some key questions you can ask yourself to see if your "readiness" for embarking on this authoring adventure is obvious.
eBook Solutions
Free Information Products inundate the web these days. eBook performance denotes miraculous sales and marketing procedures abound.
Cashing In by Writing How-tos
If you enjoy explaining how something is done step by step, you may just have an saleable article or book idea. How-to articles and books are favorites at many magazine and book publishers.
Internet Business Model For Selling A Single, Unique Product
An e-book is a single, unique product. It's unique because no 2 authors can write exactly the same book since it will contain each author's own knowledge, personal experiences and other things not known to the other.
Selling Books and E-Books Online
For many authors the thought of getting professionally published is little more than a dream. That was until the advent of the internet started threatening the very existence of publishers.
Little Known Ways To Make More Money With EBooks
There are a myriad of free information products on the internet today, and actually looking to make some more money out of the act of 'giving' them away can be a constant source of much frustration. In conjunction with Johan Mok and Ewen Chia, Geoff Morris has compiled a list of some15 points that should remove some of these frustrations and actually start to make a deal more money foe the site owners.
(Emerging) Books
A novel re-definition through experimentation of the classical format of the book is emerging.Consider the now defunct BookTailor.
10 Secrets to Write Your eBook Like a Winner!
You already have what it takes to write your first e-book. And like other winners you can create or increase your passive income stream each month.
How To Create Your Own Info Product
In the last article we talked about why informational products are the best type of products to sell online. An informational product can be a digital book (known as an e-book), a digital report or a white paper, a piece of software, audio or video files, a web site, an ezine (electronic magazine), or a newsletter.
Top Ten eBook Mistakes and How to Correct Them (Part 2)
Did you know that you already have an eBook inside you? And, like your coach, you can earn thousands of dollars each month? Even if you are a non-techie like me, you can write your ebook at the same time you write your print book. Or, solve your readers' problems using other articles and reports already in your files.
E-book Sales - Will Your Cover Close the Sale?
Well designed professional looking e-book covers do much, much more than show the title of the book. An e-book cover can be a powerful attention grabbing sales tool.
Ebooks are Promotional Powerhouses
Ebooks are fairly easy to produce, and their production cost is inexpensive. Just think aboutit: you don't need a publisher, an agent, a printingpress, offset film, ink, paper, or even a distributor.
eBooks: With Courage and Patience, We Are Getting There
Just how do we make the "e" in e-books stand for "easier"? Well,how about this? Let's scrap the existing digital rightsmanagement. Instead everybody in charge of administering DRMwould be re-trained overnight as digital priests.
The True Purpose of a Tips Booklet
"My topic doesn't fit into a how-to tips format."That comment shows up periodically, and did again this week.
E-book Security Anxiety
You are not alone. Tons of people are nervous that their e-book will be stolen and put on the black market (hmm, or the cyber black market, I guess you'd call it).
Internet Marketing - How to Write Your Own E-book
I tell you now the first e-book I ever wrote sat in my directory for a few months. I was scared out of my wits to actually put it out there incase the reaction was "bad".