"What doesn't dawn on management is the connection between money spent on fraud protection and the bottom line."

The problem is that there's all kinds of automated fraud protection which appears to be hair triggered.

Debit cards also have less fraud protection than credit cards.

The original purpose of the receipt was enhanced fraud protection.

And I finally, after several times this happened, I said, look, can you just turn that part off of my fraud protection?

Nearly all of the sites have fraud protections in place, although the complexity and extent of coverage varies.

Sprint markets the system for its convenience to customers and as "fraud protection."

Google Checkout provides fraud protection and a unified page for tracking purchases and their status.

Of course, third parties may offer Bitcoin-based payment services that offer features such as chargebacks and fraud protection.

"There is no real value added in terms of fraud protection," Mr. Robinson said.