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06 07, 2021

Protecting Your Business from BIN Attacks and Credit Card Fraud

If you see a customer messing up on a CVV code a few times, it's not big deal. They look in the wrong place on the card or hit the wrong key. It happens. But when it happens repeatedly and on multiple cards, it could be a very big deal. Especially if it’s for a small amount of money at an unusual[...]
30 03, 2021

A high-ticket order is great for your business, unless it's fraud

Recently, we got an appeal for help from one of our customers. Unfortunately, it’s an all too common situation, so we're sharing our answer here. 
24 02, 2021

Merchant Faces Lost in the Mail Fraud

By Nico Ruggieri | February 24th, 2021 | Fraud Prevention, chargebacks
Hi Nico, My customer service team got a call today from a cordial customer claiming that he never received wireless headphones that I know left the warehouse four weeks ago. Deliveries slowed down around the holidays creating all kinds of issues, but we’re back to normal now. Still, it seems like[...]
11 03, 2020

Understanding and Identifying Chargeback Fraud

Friendly Fraud Part 1 – Understanding and identifying chargeback fraud Friendly fraud, also known as chargeback fraud or digital transaction fraud, is a common problem faced by modern businesses. This type of fraud affects both online and physical stores and is widespread across industry sectors.[...]
13 02, 2020

The Importance of Proactive Fraud Prevention

By Benjamin Grossman | February 13th, 2020 | Fraud Prevention
Operating a business in the modern world is full of challenges and opportunities. Along with producing great products and services, it’s important to protect yourself financially. The reality is, businesses lose money through fraud all the time, so you’ll want to stay on your toes when it comes to[...]
16 09, 2019

Types of Credit Card Fraud | Pinpoint Payments | Payment Processing Solutions

By Benjamin Grossman | September 16th, 2019 | Fraud Prevention, blogs
Credit card fraud accounts for about 30% of identity theft cases. As more and more people turn to ecommerce for shopping as well as starting a business or taking their existing one online, the importance of keeping your data safe has never been more important. At Pinpoint Payments, we have[...]
10 09, 2019

Black Market that Targets Stolen Credit Cards

Did you know that there is a market for stolen credit cards? The black market is a multi-million dollar business devoted to buying and selling credit cards that cause your business to lose out on its revenue. Due to the fact that credit cards are the primary form of payment, this information can be[...]
22 05, 2019

Card Not Present Transactions | Pinpoint Payments | Payment Processing Solutions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. These types of payment options are called card not present transactions.
13 02, 2019

Charge Back Resolutions | Pinpoint Payments | Payment Processing Solutions

13 02, 2019

8 Simple Yet Highly Effective Tips to Prevent Credit Card Fraud

Credit card fraud is no joke; according to Forbes, merchants in the United States are losing approximately $190 billion a year to credit card fraud. Customers of banks lose around $4.8 billion, with banks themselves losing an additional $11 billion. The scale of this problem is massive, with credit[...]