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Mobile app developers and restaurant owners are thus pouring resources into countering threats and avoiding databreaches that harm both them and their customers. Another kind of fraud is often underreported and still ruinous to QSRs’ margins if unblocked. It is called friendly fraud and causes great damage, despite its name.
• Fraudprevention: PSPs use various methods to preventfraud, such as AVS and CVV2 checks. Do you need a PSP that can provide additional services such as fraudprevention or customer support? In addition, find out what steps the PSP takes in the event of a databreach.
As such, organizations need to be aware that VCCs are yet another digital temptation to attract online fraudsters, and that can lead to plenty of other layers of a databreach. These are three of the many approaches you can take to ensure the successful use of dynamic friction when dealing with potential VCC fraudsters.
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