Importance of Fraud Protection
My husband travels pretty frequently for business and he books almost all of his travel online. On Monday, he was online checking airfares for an upcoming business trip and when I attempted to book a ticket using the credit card he uses strictly for his business travel, it wouldn’t go through. He first called the online travel service he was dealing with and their customer service representative informed him that his credit card was the issue, it was apparently locked.
Next, he and the travel service got on a 3-way conference call with the credit card company. After identifying himself, he was asked if he had recently traveled to Eastern Europe. No, he had not. He was then asked if he had recently made any lengthy internet phone calls originating in Eastern Europe. No, he had not. The credit card company didn’t think he had and so they had locked the account. Hmmm, would have been nice if they had notified him! Oh wait, he did receive notification in the mail, yesterday!
The credit card company approved his ticket purchase on Monday and then closed that account. They then reissued him a new card with a new account number. This was several thousand dollars in charges, thankfully they are not holding him responsible, but it shows the importance of fraud protection.
To Learn More about protecting yourself from fraud when making purchases online, Visit Shop Shield® a new consumer service that offers complete identity theft and fraud protection. This is a completely free service with a 100% security guarantee.
Shop Shield® protects credit card numbers, bank account information, billing addresses, email addresses and log in information. Plus:
* Consumer data is stored in a fortress of security systems
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* Hardware that stores data is modeled after Department of Defense security standards.
* Shop Shield® will reimburse every penny, up to $10,000 more than the coverage your credit card company provides.
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Check out this video for more informtion.
posted on June 18th, 2008 at 5:04 pm