Identifying Fraud through Tracking Card Holders.

There are always chances of fraud in card-not-present transactions, for the card holder is not physically present and verification can’t be done. But thankfully, now it is possible to identify fraud in most cases of card-not-present processing by tracking card holders.  

Tracking Card and Card Holder 

 Too many transactions made through the same account numbers are the first way to identify a fraud. If these account numbers are in series and are pointing a particular location, it is possible that they are generated using some software.

Another indicator is when excessive transactions done through more than one cards are shipped to one single address. This maybe a case of a set of card numbers or cards being stolen and used.

    Frequent and multiple transactions done in a very short period of time on just one card indicates fraud. Also so many frequent charges on one account number must be because of someone trying to use a card to its last limit quickly. 

      Multiple account numbers and cards from a particular IP address is another indicator of fraud.