Nothing has the power to ruin holiday cheer quite like a scam. Fraud and scams tend to increase during the last couple of months of the year—but knowledge is power, and with the help of Podium and the right protections in place, you can save your business a lot of unnecessary time, money, and energy during the holiday season and beyond.
5 Tips to Avoid Fraud this Holiday Season
Most people aren’t experts where fraud and scams are concerned—it’s the reason some fraudsters are successful. As a busy business owner, staying up-to-date with common scams is likely just one bullet point on your never-ending to-do list.
Luckily, the Podium Risk team did the work so you don’t have to—we made a list and checked it twice. Here are five tips to protect your business from being affected by questionable buyers this holiday season.
1. Ask for a Photo ID
To better protect your business from credit card fraud, we recommend requesting a photo ID at the time of purchase. Especially for high-risk activities like high-dollar transactions that could potentially cause harm to your business. If you’re doing this through Podium, we recommend using secure chat for collecting ID pictures.