Nearly half of the 110,000 small businesses he represents have experienced payments-related fraud. Once a business is burned by fraud some pull out of online sales altogether, which is unfortunate. Many people aren’t vigilant enough about securing their personal information.
Montreal police rebuffed effort to retrieve stolen merchandise, merchant says
Amit Ramani thought he had the perfect plan to help Montreal police catch the thieves who stole from Tacknrider, his Florida-based online equestrian-goods business. It was rare for him to get many orders from Canada, because of the high exchange rate. But when a slew of orders came through last October, all from the Montreal area, he didn’t give it much thought — until a few days later, when his credit card processor flagged the orders as suspicious.
Read more at CBC News.
