Be careful of sites that promise to send you instant pins. These companies usually have lax credit card security and can afford customer charge backs from fraudulent transactions. Instant gratification, so coveted by our lifestyles, is something to be very wary of in the realm of online business.

Sites that approve your credit card use only simple information that can be easily stolen from you via statement or computer hacking constitute the vast majority of online business. From the point of view of the consumer, this kind service is best and most convenient. However, the small business owner can acquire a potential nightmare if the outmost care is not taken when approving transactions.

The best method of fighting this kind of credit card fraud is too costly and time consuming for huge companies that deal with thousands of transaction per day. For these companies, a couple of stolen identities present only a minor problem as chargebacks take time and effort; while many fraudulent credit card transactions are never reported.

For prepaid telecom a company, the way to fight this kind of fraud is to makes sure that every single order is verified by phone. Sometimes it is a nuisance to have to wait for a pin to arrive and to wonder where it is. On the other hand the consumer should be grateful that the company is taking such steps to protect itself and the consumer from possible fraud.

Every customer has the right to know that their credit information is safe and that the merchant takes great care to make sure that fraud is perpetrated neither against the company nor against the consumer.