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The PayPal Official Insider Guide to Growing Your Business: Make money the easy way by Michael Miller, PayPal Press

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10. Avoiding Fraudulent Transactions

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Fraudulent transactions affect your bottom line. Getting scammed online has the same effect as shoplifting does in a brick-and-mortar store; it’s a loss, pure and simple. When you’re the victim of a fraudulent transaction, that’s money out of your pocket—you’re on the hook for all losses.

To protect your profit margin, it’s imperative that you protect your business from fraudulent transactions. That’s where working with PayPal is a good idea; PayPal offers a variety of anti-fraud programs and services that help to minimize the effects of online scammers.

Understanding Fraudulent Transactions

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