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title
The Hidden Cost of Convenience: How Gift Card Fraud Fuels Credit Card Disputes
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Gift card fraud is on the rise, but you can protect your self-care business by keeping an eye out for telltale red flagsSelling gift cards is a fantastic way to grow your self-care business. Not only do they generate revenue, but they also get new, enthusiastic clients through the door. However, some clients who buy gift cards don’t see your business as a valuable part of the community. They see it as a way to commit gift card fraud — and just maybe get a luxurious haircut, manicure, or skin treatment along the way.The good news is that you and your staff can learn how to stop gift card fraud in its tracks. Gift card fraudsters tend to fall back on a few predictable techniques. Once you know how to spot these common red flags, you can avoid wasted time, broken trust, and costly credit card disputes. That way, your gift cards will go to friends and family members of loyal clients rather than petty crooks.What is gift card fraud?Gift card fraud is big business, causing $217 million worth...
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