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Can you provide more information about how fraud prevention would work? One specific example, a fraudster using a stolen credit card.
by itaifrenkel 11y ago
Can you provide more information about how fraud prevention would work? One specific example, a fraudster using a stolen credit card.
- tke248 11y agoI think one way to prevent the use of stolen credit cards in the system is through validating the card with two small test transactions on account creation. You could also allow the linking of checking accounts as a secondary method of verification and to reduce per transaction fee's through the use ach deposits i.e put $20 in your paysqr account for vending machine use.