To try to prevent credit card scams, here are some signs to look out for:
1. Most fraud happens from online purchases, not from actual credit cards
According to a Javelin Strategy & Research study, credit card scams are 81% more likely to happen in online sales. In these cases, cards are not present, and the buyers are using stolen information. With more and more bookings happening online, fraud could pose a greater issue over time, as more people prefer to research and book hotels digitally.
2. Big spenders
While most fraudulent spenders look for big-ticket items that can be resold, your hotel should still watch out for high purchase amounts. If someone is spending significantly more than the usual guest, you should consider the possibility of fraud.
Your hotel can set up some preventative measures to avoid credit card scams. Some actions include: