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Thread: Card Fraud

  1. #1
    Join Date
    Aug 2003
    Location
    Bangalore, India
    Posts
    185

    Exclamation Card Fraud

    I have been having a lot of attempted card fraud lately on my site. A lot of it from Indonesia.

    Modus Operandi: Address from US / AU. Domain names not registered or registered with no or incorrect contact information. Order is placed from different country than given contact address or through proxies of that country.

    I was just wondering what quantity of fraud attempts a web hosting company has on average, say in a month.

    What can we do about it besides ignoring or blocking these orders. Are there any governing bodies to which we can report misused IPs ?

    nettigritty.com Web Hosting
    TAMING THE WORLD WILD WEB

  2. #2
    Our fraud numbers are around 1-2% of signups.

    We just keep learning and tihtening up our processes - very few are slipping through now.

    Keep plugging away - you can def report the fraud card number to the various providers (ie Visa, MC, etc...), but besided that, I dont think theres much you can do.

  3. #3
    Join Date
    Feb 2003
    Posts
    5,400
    If you have real time card processing many of these fraudsters will target you. They will normally try to purchase big ticket items to see how much a card is good for knowing in most cases you will delete the authorization or sale. They then can use or sell the card saying it has this much available.

    I would recommend just be very careful and check everyorder that comes in.
    Domain Maven

  4. #4
    Join Date
    Jul 2003
    Location
    Castle Pines, CO
    Posts
    7,189
    You can also report it to Visa/Mastercard. They have the resources to investiagte CC fraud. You will need to contact your merchant account provider for more information

  5. #5
    Join Date
    Jan 2004
    Location
    Washington State
    Posts
    1
    About %2-3 of my orders are fraudalent. 2Checkout.com and PayPal have caught them right away and reverse the order just as fast. We're really starting the scrutinize the orders that come through our systems now.

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