As a business owner who has just made a sale, have you ever had to revisit and refresh your bank app in anticipation of payment, even when the customer has sent you proof of payment and it never comes through? That stings differently especially when the customer has parted with the product. It almost feels like you are playing the character Vladimir, who is waiting for the arrival of the mysterious Godot, who continually sends word that he will appear but who never does in Samuel Beckett’s Waiting For Godot. Fake alerts are one of the most bothersome menaces in the country right now and this is raising a lot of concern for business owners. Fake alerts are simply when someone claims to make a transfer and sends a doctored receipt as proof of payment, in a bid to scam or defraud the receiver/business owner. This is something huge that can ruin a business if not nipped at its bud.
A lot of entrepreneurs and small business owners have fallen victims of this punishable act and here are some of the reasons why this happened to them:
Seeing that this, among other financial crimes, is one that affects businesses and its growth, especially online businesses(social media vendors), it is important that business owners are alert and put measures in place to completely avoid this.
The main question is ‘how do you make sure you don’t fall victim to fake alerts?
Here are simple and possible measures we recommend you take:
With these various methods put in place for confirming payments and the other precautions stated above, no fraudulent alert should be able to affect you or your organization.
As a business owner, your goal is to make money and grow your bottom line, but you also want to do it in a way that makes sure your customers and employees are happy. You’re not alone! Keep reading to find out ways to achieve this.Read more