There are many pros ans cons to owning an online business.  Pros to owning an online business I don’t have to pay rent every month for a store front and I can market my company globally.  Some of the cons are obviously fraudulent transactions, identity theft, and chargebacks.  Online businesses lose money every year from chargebacks and rarely get their product shipped back to them.  Telesign’s online security solutions help prevent fraudulent transactions, identity theft, and chargebacks.  Telephone verification is one of telesign’s security systems put in place to protect the consumer from online criminals and the business owners from fraudulent transactions.  The phone verification has a predetermined phone umber system that has to match the users ID and Password.  The phone verification systems sends a temporary password to the users land line via voice call and mobile phone via sms message or voice call.  This prevents chargebacks from happening and helps protect identity theft and fraudulent transactions.