The first is your customer information

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But before we look at some of the fraud prevention techniques you can use to prevent fraud and build trust with your customers, let’s first understand what fraud is. Simply put, fraud is the attempt to obtain something that rightfully belongs to someone else through deceptive means. Businesses have long battled fraud, but with the continued rise of e-commerce, you now have more vulnerabilities to guard against.



The first is your customer information. You can do the following: Use uae telegram phone number list encryption It doesn’t take an expert to understand that encrypted information is protected information. Even if a customer doesn’t know what it means (scrambling the data so that if an unauthorized person tries to access it, they won’t be able to read it or use it), hearing the word “encryption” gives them a sense of security.



It’s easy to do and easy to explain to a customer, so why think twice? E-commerce Multi-Factor Authentication (MFA) This is a better-known technology that helps you build trust with your customers because they can interact with it directly. How? Not only do they need to verify their identity by entering a password, but they also need to verify their identity through other means, including facial recognition or security questions.