Each year, those types of fraud total billions of dollars in the United States. As business owners, you are first in line to feel the effects. And the costs can be pretty severe. The loss of the goods or services, the payment for those goods or services, the fees for processing the payment, any currency conversion commissions and the chargeback penalty. The good news is that there are some steps you can take to help ensure you don't become victims in the first place.
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