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Protecting from Fraud

TL;DR
  • Pathway 3 covers what fraud actually looks like for a small business. Three lessons, about 20 minutes
  • Lesson 1 is the fraud types that really hit SMBs. Most of it is friendly fraud, not stolen cards
  • Lesson 2 is the free and cheap controls to switch on now. Lesson 3 is the weekly numbers check
  • Finish it and you'll have basic protection in place and know what to watch

This pathway covers what fraud looks like for small businesses and how to protect yourself. Three lessons, about 20 minutes total.

#LessonWhat You'll Learn
1Fraud BasicsThe types of fraud that actually affect small businesses (hint: most of it is friendly fraud)
2Setting Up ProtectionFree and low-cost tools to enable now: AVS, CVV, velocity limits, billing descriptors
3Monitoring for FraudHow to check your numbers weekly and spot problems before they become crises

Start with Lesson 1: Fraud Basics

After this pathway: You'll have basic fraud protection in place and know what to watch for. Next, read Pathway 4: Running Payments Daily to build your operational routine, or explore Prevent Fraud for deeper topics.