- The merchant should be aware of all the security features on the genuine credit card. Thus, he can recognize any counterfeit card once he sees it.
- In case of the electronically done transactions, the merchant should compare the data printed on the receipt with the data on the card used. The magnetic tapes of several counterfeit cards include data that is completely different from the data embossed on the card itself.
- Verifying the identity of the card holder.
- Making sure that the signature of the card owner signed on the card was not erased.
- Accept cards handed only by its owners
- The merchant should keep the printed receipts for the longest possible period (18 months) and should not expose them to strong light (in case of thermal paper) so as not to cause the loss of their data.
- The merchant should depend on his\her experience in identifying and monitoring the customer. If the merchant suspects the customer, he should call the bank.
- The merchant should not - under any circumstances – settle his financial debts with other merchants through exchanging receipts of credit-card transactions executed elsewhere .
- Following up his staff while making transactions involving credit cards, since he is responsible for their faults.
- When the card holder requests to make different expensive transactions with huge sums of money without considering their total sum or his actual need for them .
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| the merchant should call the card center to inquire about the card and its owner. |
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