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 people, 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" 
for a genuine payment processor). 

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

Author's Bio: 

George Papazoglou is the author behind  


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'".