Running a business is a tough job and when it comes to take up that business online is full of risks and opportunities. Online marketing and selling of services like tuition, design, coding, copywriting, travel and accommodations is increasing consistently and provides a great chance for the small businesses. Along with the changing time and technology, the risk of running a business online is also increasing. It’s ineluctable that every entrepreneur running a business face some fraud but one thing for the person that is important to understand is how to handle it.
When the person running a business is selling its services or other things, then there are two possible ways which you being a seller must be aware and can do to expose the buyer who is fraud. And this will help you in growing your business online.
I didn’t buy anything
The fraudsters available usually do this to get the services for free. For example, you have received a payment for coding a website but after you deliver the services to the customer they claims that the customer doesn’t authorize the payment and purchase. He has done fraud with you as they have copied the payment details of paypal tha
t is used by the third party. Due to this reason, paypal customer service providers keep an eye on all the transactions that are done so that no fraudster available online will harm you in anyway.
I didn’t receive the item
A person orders something from your website. You have delivered the order to the customer in their name. But the customer claims that the order has not been received by them. This is due to the reason of the online fraud by the fraudsters as the third party holder has your account details and they had instructed the seller to deliver the product to another address that is changed by them. So, it is better to use the services of the online payment gateways that provide safe and secured services such as paypal. The system has all your details but that are not leaked to anyone. The paypal tech support team keeps you updated with all the things happening with your account to keep you aware about all the transactions that are made.
There are many ways to minimize these online frauds that are very much common these days. But to minimize this one must be aware of how to handle it. Try to use the service providers and payment gateways that are trustworthy and serves you secured services. Stay in contact with the technical support team so that you will be aware about all the things happening. Don’t leak your details to the third party providers as they can use them against you and this will result in fraud. It is not easy to grow and develop your dream business online. So, if you are taking this risk then you must know all to handle all the difficulties that are coming in your pathway.