Tag: fraud prevention

If a merchant believes that a card is being used fraudulently or is altered or counterfeit, the card should be recovered, but only by peaceful means....

Merchants are responsible for verifying the validity of each card they accept. Processing unverified cards can lead to fraudulent transactions....

Fraud scoring is a system of predictive fraud detection models that processors use to identify the highest-risk transactions for additional verification....

Code 10 is an authorization call that card-present merchants should make to alert card issuers to a suspicious activity - without alerting the customer....

E-commerce data security best practices: implement the necessary fraud prevention measures; educate consumers how their account information is protected....