Research from security company The 3rd Man shows that
last year online fraudsters stole half a billion pounds worth of
goods in the UK.
The company's research has allowed them to build an 'online
crime hotspot' map - showing the places in the UK that have been
worst affected by online fraud.
http://news.bbc.co.uk/1/hi/uk/8240261.stm
Top of the list is a small town in County Durham, Shildon, where
24% of all internet purchases were made using stolen credit card
details.
The problem of online fraud has a huge impact on both consumers
and retailers and alternative payment provider Ukash recommends
that companies diversify their payment options to help fight online
crime.
By offering Ukash as a payment option retailers could deliver
without risk to any address, even known card crime hotspots.
Ukash's proposition incorporates 'assured payments' which
would provide retailers with a more cost-effective way of
operating, compared to the costs of chargebacks, lost goods or
expensive alternative anti-fraud solutions.
Consumers choose to use Ukash to protect their financial details
and use cash to shop, pay and play online. Ukash vouchers can be
purchased from over 275,000 outlets in stores around the globe, and
consumers are issued with a ready-to-spend unique 19-digit PIN
voucher which can be used to shop safely online.
www.ukash.com