Page 1 of 7 123 ... LastLast
Results 1 to 10 of 63

Thread: New Attack on the Proxy List: Credit Card Fraud

  1. #1
    Will.Spencer's Avatar
    Will.Spencer is offline Retired
    Join Date
    Dec 2008
    Posts
    5,033
    Blog Entries
    1
    Thanks
    1,010
    Thanked 2,329 Times in 1,259 Posts

    New Attack on the Proxy List: Credit Card Fraud

    There's a new risk to The Tech-FAQ Proxy List (soon The TopBits Proxy List) -- credit card fraud.

    We are seeing a large amount of credit card fraud being used to purchase both $1 submissions and proxy coupons.

    PayPal, of course, refunds the "buyers" payments when they file a dispute. Frankly, I'm tired of responding to the disputes.

    The proxy list earns about $800 in submission revenue every month. This isn't worth losing my PayPal account over.

    I'm not sure yet what we will do.
    • We may stop accepting PayPal payments. (And what then? Promote only my own proxies?)
    • We may only accept proxies and payments from verified proxy owners. (But how to verify people?)
    • We may only accept payment in NetBucks. (But then the thieves will just buy NetBucks with stolen credit card numbers).


    This is going to require some thinking. Anyone have any good ideas?
    Submit Your Webmaster Related Sites to the NB Directory
    I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

  2. #2
    5starpix's Avatar
    5starpix is offline Senior Net Builder
    Join Date
    Dec 2008
    Location
    Montreal, Quebec
    Posts
    1,710
    Blog Entries
    9
    Thanks
    158
    Thanked 227 Times in 164 Posts
    Honestly, nothing will stop them. If one path is blocked, they will go through the next. I had people buy templates from my sites from stolen credit cards. They purchased ten themes, totally $400. Not fun at all.

    I tried blocking their IP, that did not stop them. They were using USA/Canada cards.

    The best solution is to not accept credit card payments, I think, if it can be done through PayPal (?)

  3. #3
    robjones's Avatar
    robjones is offline Trail Boss
    Join Date
    Dec 2008
    Location
    Lone Star State
    Posts
    1,115
    Thanks
    513
    Thanked 441 Times in 292 Posts
    I've noticed that some I've observed using purloined CCs will only accept verified PP when THEY are selling something. I'm guessing they have insight into the scam process that we don't, so they're inadvertantly telling us what *they* consider the least risky method of accepting payment.

  4. #4
    Szise is offline Net Builder
    Join Date
    Dec 2008
    Posts
    426
    Thanks
    14
    Thanked 33 Times in 29 Posts
    To accept submissions only from members with more than 100 forum posts and acconts older than 3 months on netbuilders (an idea). More people will sign up here and we (the old members) can also benefit. And check every member on this forum requesting a coupon.
    ...

  5. #5
    Nathan's Avatar
    Nathan is offline Work!
    Join Date
    Dec 2008
    Location
    New Zealand
    Posts
    392
    Blog Entries
    1
    Thanks
    37
    Thanked 120 Times in 68 Posts
    Get a merchant account and process payments yourself? Or maybe try a different payment system like Plimus?
    Programmer, web developer and entrepreneur.

  6. #6
    dmi's Avatar
    dmi
    dmi is offline Net Builder
    Join Date
    Mar 2009
    Location
    N43°54′, E017°40′
    Posts
    242
    Thanks
    141
    Thanked 56 Times in 28 Posts
    Can 2Checkout be an option?

  7. #7
    javanx3d's Avatar
    javanx3d is offline Net Builder
    Join Date
    May 2009
    Location
    Germany
    Posts
    916
    Blog Entries
    1
    Thanks
    237
    Thanked 237 Times in 164 Posts
    Hmmm, the more I think about it, if you force the scammer to buy netbucks with the stolen cc to then use to buy the listing, it does force 2-3 extra steps for them to take to use the cards. Most, not all, thieves are lazy so if you added another pre-requisite such as 50 or 100 posts on NB to be able to "buy" netbucks it might reduce the scammage a bit. You could combine the change in policy with opening the list on Top Bits as part of the "rebranding" campaign.
    Then, in parallel you also further promote NetBuilders...

  8. #8
    Aussie's Avatar
    Aussie is offline Unknown Net Builder
    Join Date
    Oct 2009
    Posts
    138
    Thanks
    11
    Thanked 46 Times in 36 Posts
    If there is an average time it takes for the fraud to be detected you could put a hold on the coupons being sent until it is verified or something.

    Just let me know in advance so I can order my coupons before the current one runs out.

    Also maybe have a "trusted" list with no delay for us that have been buying coupons already without any issues.

    Have a cookie that identifies us as trusted and load the usual buy a coupon page..

    If no cookie have it load another page that explains the delay and the reason behind it and a different buy a coupon page that you can recognize as a hold until (insert time here) before sending the coupon.

    Anyway, just an idea.

    Aus

  9. #9
    ReformedSinner is offline SEO Enthusiast
    Join Date
    Dec 2009
    Posts
    57
    Thanks
    17
    Thanked 5 Times in 5 Posts
    I think the best way is to get them verified before they're allowed to purchase the links, or just continue dealing with regular buyers.

    Block their IP (if you can) to avoid future purchase from those fraudsters. They probably can bypass this if they're using proxy but that will at least make them have a hard time to do their evil deed.
    Last edited by ReformedSinner; 18 January, 2010 at 23:14 PM.

  10. #10
    Kovich's Avatar
    Kovich is offline Community Guardian
    Join Date
    Jan 2009
    Location
    Philadelphia, Pennsylvania
    Posts
    1,797
    Blog Entries
    30
    Thanks
    453
    Thanked 420 Times in 279 Posts
    Alright. I'm not too familiar with payment systems, but you could probably do what hosting companies do.
    Implement anti-fraud measures such as:

    Blocking purchases from high-risk areas. (Nigeria, Russia, etc.)
    Phone Call/Text Message Verification, on top of e-mail verification. (Block known spam domains: .ru, etc. from e-mail.)
    Utilize a service like MaxMind - Credit Card Fraud Prevention

    If possible, could you accept only verified PayPal accounts? That usually helps to stop a lot of fraud.

Page 1 of 7 123 ... LastLast

Similar Threads

  1. Credit Card Processors
    By Will.Spencer in forum Business
    Replies: 1
    Last Post: 2 August, 2010, 20:59 PM
  2. [WTH] Need someone with a credit card
    By Khan in forum Services
    Replies: 3
    Last Post: 16 October, 2009, 01:33 AM
  3. [WTS] VISA Virtual Credit Card
    By darknight90 in forum Marketplace
    Replies: 15
    Last Post: 25 August, 2009, 10:24 AM
  4. Which one is the best Credit Card ?
    By hendricius in forum General Chat
    Replies: 18
    Last Post: 30 July, 2009, 13:18 PM
  5. [WTS] VISA Virtual Credit Card.
    By darknight90 in forum Services
    Replies: 5
    Last Post: 25 July, 2009, 13:44 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •