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I'm surprised this surprises anyone. This is common in brick and mortar stores as well. If you're processing credit cards online, you should be using some sor
by thesis 10y ago
I'm surprised this surprises anyone. This is common in brick and mortar stores as well.
If you're processing credit cards online, you should be using some sort of fraud detection, like Maxminds MinFraud or something like it.
- callalex 10y agoThen what the heck are we paying visa for?
- marcosdumay 10y agoYou are paying for "nice business you have here, it would be a shame if your money were lost somewhere".
- tener 10y agoFor processing the legitimate transactions. Businesses with high fraud numbers will get axed by Visa.
- URSpider94 10y agoNot fraud detection, I can assure you. Not even YC darling Stripe will help you much: https://www.google.com/amp/s/www.buzzfeed.com/amphtml/josephbernstein/steal-a-credit-card-buy-a-hoverboard?client=safari https://www.google.com/amp/s/www.buzzfeed.com/amphtml/joseph... Tl;dr you are on your own!