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How can online business owners avoid credit charge backs?   by Abby Kelly

Whenever people start any business on the World Wide Web, they have lots of expectations from it. However, people are not aware of the risk that is involved in one business. The most devastating thing in an online business is credit card chargeback. In some terms, credit card chargeback is the option that is used by a customer to reverse the payment of the products and services when he was not satisfied with the quality of products. Thus ,we can say that this option is created to facilities people. But what is happening around the world is that people are making purchases from the stolen credit cards. The thieves do not have to pay for the products they just buy stuff on other people's credit cards. In the end, when the monthly bill is to be given to the owner of the card, then he sees so many transactions of which he is unaware. Well this can be a huge loss for the card holder and the company too. All this calls for chargeback management system which must be utilized by the people who are running online shopping websites.
The chargeback management system is all about AVS (Address Verification System). The frauds that are committed online are mostly made by the people who have stolen credit cards and with their use, they exploit many things. AVS helps to differentiate between a customer and a scammer. A thief cannot know what the exact address of the card holder is and he would make a mistake by telling the wrong address from where he would get caught.
The online businesses owner should take certain precautions to stay away from scammers. All the online orders must be observed closely. It has been observed that people from eastern countries most of the times are responsible for these frauds. This is the best step that a business owner can take by his own for chargeback management.
Signature verification is another part of chargeback management <">http://www.sentropi.com>. If the signature of the buyer at the time of receiving the product does not match that of the credit card, then it is clear that the particular person is using a stolen credit card. This is another trick that a company can follow.
Although AVS is a perfect chargeback management system but a company cannot handle managing it along with carrying out other activities. Therefore, in such a situation, people need professional assistance that can help them in creating a professional chargeback management system. You can visit and see what this company has to offer to provide their customers. A fool proof security system is provided at their websites that can save them from credit card chargebacks. This company will use AVS along with managing other things. Verification takes place in each and every step and if something wrong is suspected then the application is sent back. So if you too are running an online business and you want to keep your website secured, then you must visit this website for sure.

About the Author

Sentropi is one of the professional service providers that offer chargeback management services and products. Sentropi is basically one of the latest products that ensure safety of web based systems by employing innovative ways of identifying and tracking technology.
AVOID income and corporation tax?

I live and work in the U.K and i have an LLC in Delaware

The reason for creating the LLC in the U.K is to avoid paying corporation tax,
Delaware has no sale tax and because online business services are tax free (we have an online business).

Now that doesnt mean that i avoid income tax ..hmm our business bank accounts is in Germany

we have personal bank accounts in the U.K and portugal..

As I understand it and correct me if i am wrong.

I only need to pay income tax for the country that i am working in( i already do for my full time job in the uk) .. so if i transfer money from my business bank account in Germany to my personal uk account i have to declare this money and pay income tax for them ...

What happens if i deposit this money to my account in Portugal (not resident of this country ) and then withdraw them form portugal.. i guess i don't have to pay income tax to the uk .. is that correct ?

You'd best post this to the UK forum -- or better yet, consult a professional tax advisor with experience in international tax, because I think you have some ideas that need straightening out!

As a broad proposition, countries tax income either on the basis of source, or of residency of the owner, or both. As a UK resident you are taxable in principle on your income, though I understand certain income may not actually be subject to tax until it is received in the UK. If you have income from sources in other countries, however, those other countries may also seek to tax you on it.

One thing you probably do have right is that the LLC by itself should not subject you to US income tax. I'm not at all sure that it is effective to protect you from UK tax, however.

Best to get some professional advice and make sure you are not laboring under any misapprehensions -- and incurring penalties in the process!

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