Fraud prevention

What constitutes credit card fraud?

One type of credit card fraud is committed when a person attempts to use someone else's credit card without the owner's approval. Another type is committed when someone uses their own card and later claims that they did not authorize the transaction or receive the product.

How does Valore monitor fraud?

Valore takes the issue of credit card fraud very seriously and follows industry standard best practices including the Payment Card Industry Data Security Standards (PCI DCC) mandated by all the major credit card companies.

In the event of an unauthorized credit card use, Valore will immediately report the details to the appropriate credit card company and cooperate with the affected cardholder and financial institution.