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Low-Tech Scheme Targets Small Merchants

Small retailers in Kansas City, Mo., targeted with a low-tech scheme designed to block transactions. When the dishes were covered, the transactions were blocked, allowing fraudsters to run countless transactions with credit card numbers that were counterfeit or stolen. Experts say merchant acquirers should be warning their retailers about this trend and taking steps to pick up on merchant transactions that appear to have gone dark for extended periods of time. In one case, fraudsters used the method to spend $1,665 on cigarettes with a fraudulent card number, police say.”]

Source: https://www.cuinfosecurity.com/low-tech-scheme-targets-small-merchants-a-6147

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