If you are selling something on the Internet, most likely you are accepting payments through credit cards because it provide a convenient way for buyers to pay you.

Beware of the rising incidence of credit card frauds!

The cost of credit card fraud reaches into billions of dollars annually. In 2006, fraud in the United Kingdom alone was estimated at £428.0 million (about $840 million), according to MasterCard International.

You can protect yourself from credit card frauds by manually verify the address by going to any of the mapping services available online like Google Maps. If the mapping services indicate that the address does not exist, that should beware. Otherwise, call the cards' bank or the the cardholder. An effective means of verifying buyer information or if you have any doubt that the person you are sending your merchandise to is not the cardholder.

Wow! many work to do right?