Protect Yourself from Fraud

While everything is done to protect you and your information, sometimes phishing emails and other forms of fraud appear in your email. If you know what to do to protect yourself, then you can save yourself from a lot of hassle and headaches.

Verifying

While PayPal and ACH are done through the Internet, many people do not verify when their money has been sent out. This can lead to your account being compromised by a hacker. Some are able to get through company firewalls to find log-in information. They then change payment information so that all the money goes to them, rather than the vendors you owe. If you do not verify they have received payment, you may find out too late. By simply emailing, faxing, or calling to verify, you can save yourself from that experience.

Multi-Factor Verification

You know you have chosen the right company to handle your mass payment when they process payments through a multi-factor verification. This means that there are multiple steps to go through when they are verifying your check. If something looks fishy or doesn’t quite add up, the company stops payment and contacts you ensuring that it is not a scam. This allows you to protect yourself before anything occurs.

Check Emails

Phishing emails can be sent from fake companies looking for bills or charity money, even if you do not owe them. It may look like your Global ACH company has sent you an email asking for you to verify your account information. Always check the email and link that it is sending it to so that you are going to the right website. Phishing emails may use Gmail or another address, rather than the company. The link will not be to the real company’s URL. These are hints someone is trying to scam you.

Fraud can happen, but, with the right steps in place, you can lower the possibility that it occurs to your business. Choose a company you trust to handle your payments and always ask if you have any concerns.