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"
(see http://traffic-engine.net/stormpay
for a genuine payment processor).

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

George Papazoglou is the author behind http://cyber-software.com
This article may be freely distributed / republished, as long as it contains the author's credits and the precise entirety of the provided article, titled: "How to Eliminate Credit Card Refunds from 'Digital Thieves'".

---

Who Really Wrote That Ebook?

The publishing world has never been more fun, and opportunities... Read More

Your e-Book - 7 Best Reasons to Create Your First e-Book

1) Speed to market - One of the biggest problems... Read More

How to Protect Your Ebooks and Software from Being Stolen!

There are many systems that can lock your software or... Read More

Make Profits from FREE e-Books

E-books are one of the most beneficial and easiest ways... Read More

7 Secrets to Explode your eBook Sales! Part 2

Secret #2: Creating your Marketing Timeline for Success!Copyright 2004 Bluedolphin... Read More

Top Ten Tips To Get Started Writing Your Book - Part 2

You are far more likely to successfully write and publish... Read More

How to Harness the Power of Ebooks for the Benefit of Your Website!

Ebooks can be a powerful tool when it comes to... Read More

How to Build and Sell your eBook at the Same Time

Why write an eBook? You want ongoing, lifelong multiple streams... Read More

Self Publishing Era: Digital Publishing Tears Down Walls

Since the birth of publishing, authors have been forced to... Read More

More Than An Ebook

The following in an excerpt from the E-Book of the... Read More

Ebook Farming- A Definitive Guide to Your Ebook Creation (Ebook Review)

Why would you want to buy a book on writing... Read More

10 Ways To Make Money With eBooks

Ask any internet marketing "guru" and they will tell you... Read More

7 Secrets to Explode your eBook Sales! Part 6

Secret #6: Creating momentum and identity through Book Sellers!Aho99% of... Read More

7 Secrets to Explode your eBook Sales! Part 1

Secret #1: How to write an incredible eBook!Copyright 2004 Bluedolphin... Read More

A Brief History of the Book

"The free communication of thought and opinion is one of... Read More

Electronic Books And Magazines Can Be Among Your Cost Effective Servicing Tools

Electronic servicing is, as they say, a "growth industry". With... Read More

Internet Journey - From Storms To Desktops

After battling the sea for nine years, it's time to... Read More

Use eBooks To Expand or Explode Your Business

As we discussed in an earlier article the advantages of... Read More

For Wannabe eBook Authors - 5 Key Questions

Are YOU ready for the eBook authoring adventure? Do you... Read More

An eBook Publishers Dilemma: Should I Use PDF or Exe Format?

If you write and publish eBooks, sooner or later youwill... Read More

7 Secrets to Explode your eBook Sales! Part 4

Secret #4: Creating passionate articles will explode your eBook sales!Copyright... Read More

How To Get Your Article or Ebook Started Fast... Time Saving Tips To Get Your Writing Moving..

As we have all heard time and again (and it's... Read More

10 Secrets to Write Your eBook Like a Winner!

You already have what it takes to write your first... Read More

Why The Future Will Always Be Digital Products

Everywhere you go on the Internet, you will find some... Read More

Ebooks are Promotional Powerhouses

Ebooks are fairly easy to produce, and their production cost... Read More

Internet Marketing - How to Write Your Own E-book

I tell you now the first e-book I ever wrote... Read More

Make Your Own E-book!

If you have a newsletter or knowledge you wish to... Read More

How to Price Your eBook

You've written and compiled an ebook. Now you have to... Read More

Internet Advertising Solution: 18 Reasons Why Giving Away A free Ebook Can Help Heat Up Your Sales

Sometimes, you may have to give something away in order... Read More

5 Sizzling Tips to Creating a Money Making E-book

5 Sizzling Tips to Create a Winning E-bookIf you have... Read More

Convert Productive Articles to Profitable eBooks

How many articles, reports and discussion papers have you written... Read More

Your Guaranteed Path to Becoming an Information Product Money Machine

How To Turn Your Talks or Articles into Books, eBooks,... Read More

Top Ten eBook Mistakes and How to Correct Them (Part 2)

Did you know that you already have an eBook inside... Read More