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>On top of all the, the fraud systems at the major card networks also go haywire. They start seeing huge spikes in high value transactions, and start randomly d
by ThePowerOfFuet 3y ago
>On top of all the, the fraud systems at the major card networks also go haywire. They start seeing huge spikes in high value transactions, and start randomly declining transactions. On the banks side, we can see these transactions being declined by the network, but it’s damn near impossible to stop them.
With 3DS2 why is this even a thing?
- avianlyric 3y agoBecause Apple don’t use 3DS, also it impact things like in-store payments, and also Apple Pay setup. Cards are added to Apple Pay using a special set of payment network transaction messages, which to the networks systems just look like normal card transactions. Unfortunately the network fraud rules aren’t smart enough to differentiate between thousands of cards being added to Apple Pay, vs thousands of unexpected transactions that all appear to be coming from the same “merchant”.