This is a trade facing website. Visit the ACTís consumer site thecyclingexperts.co.uk for information and advice on cycling and find your local independent cycle retailer.
The Association of Cycle Traders
This is a trade facing website.
Visit the ACTís consumer site at thecyclingexperts.co.uk.

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15 Oct 2019

Sports Direct has voiced concerns about the dominance of Adidas and Nike and the high level of supplier power that they have in the sportswear industry.

14 Oct 2019

Chess lists the 7 top benefits of outsourcing IT during uncertain political times.

14 Oct 2019

The FCA have announced that on the 9th December 2019 the Approved Persons Regime will be replaced with the Senior Managers and Certification Regime.

10 Oct 2019

After hundreds of entrants, thousands of consumer votes and a panel of industry experts, the top 25 Best Small Shops in the UK are finally being announced!

9 Oct 2019

Mastercard have announced that from October 2019, Mastercard (and GlobalPayments) systems can support sending an authorisation request containing both the digital wallet and 3D Secure (3DS)...

8 Oct 2019

CyclingIndustry.News is seeking to compile a health report of the UK bike retail channel for the third year running.

7 Oct 2019

Why barbers, beauty salons, vape stores, cafes and tearooms, along with restaurants and bars have been so succesful over the last 3 years

4 Oct 2019

Cifas UK, the UK's largest fraud prevention organisation has informed us about a fraud trend that could impact your business.

2 Oct 2019

Social media continues to grow in popularity and now plays an essential role within the marketing of many businesses.

1 Oct 2019

The online tool encouraging sustainable travel in the workplace

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Fraud alert! Protect your business

Posted on in Cycles News

 Cifas UK, the UK's largest fraud prevention organisation has informed us about a fraud trend that could impact your business.

Fraudsters are attempting to pay for goods using a debit card, as they enter the PIN into the card machine it causes an alert that asks the sales assistant to call for authorisation. Fraudsters are telling the sales assistant that this has happened before and are offering to call for authorisation. The fraudster then pretends to call the number and gives the sales assistant a number. When the sales assistant enters this number into the card machine it will appear to authorise the transaction, this is because any number entered into the machine will appear to authorise the transaction.
The fraudster can then leave the store with the goods, receipt and warranty, without paying for them.

What to do if you have a suspicion?

If you are suspicious at any time throughout or after the purchase, please contact Action Fraud on 0300 123 2040 or actionfraud.police.uk to report the fraud

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