posted on September 4, 2003 07:55:00 PM new
hey,cleaning ladies,babysitters and even your own kids or his friends could place an order with your credit card and have it shipped to confirmed addre while you are at work or on vacation/
back in early 1990s,some folks found out that their entire IRA mutual fund account has been emptied ,some crooks first change their mailing address,then asked the mutual fund co to close the account and send them a check.
how often do you check your IRA account?
since then,the mutual fund will mail you a letter to your old address and said did you request an address change??
-sig file -------The thrill is gone!!
posted on September 4, 2003 08:01:52 PM newstopwhining it does not matter where you ship the item to-confirmed address is the address where his credit card statement is sent to.
? I'd ask you to explain that but after 3 years this same old debate is a bit worn out. This horse is dead, there's no point in beating it any longer. I'm not going to be a party to animal cruelty.
If you can't/don't understand/believe shipping to a confirmed shipping address insures you're shipping to the legitimate account holder you need to stop accepting any sort of online credit card payments.
posted on September 4, 2003 08:14:44 PM new
uaru.
i have a merchant account and i accept credit card transactions.
i am telling you when there is a chargeback,i can produce all the documents and i can still lose the chargeback-order form showing bill to address (what paypal refers to as confirmed addr),ups or fed exp signature receipt,emails or any supporting documents.
paypal is making life easy for us by sheltering us with this seller protection program,but read the prior posts,no seller protection if the card is fraud ,makes no diff if you ship to confirmed address.
you are making an argument based on logic-how can the transaction be fraudulent when item was shipped to cardholder address??
well,his confirmed address could be his office where he receives his cc statemenet and the office mail room gets the package first and could have it misplaced.
a neighbor could have signed for his package when he is not home,some crooks are known to stand around when the ups truck comes.
his kid could have ordered the item with dad;s card etc etc.
in a chargeback dispute,his cc issuer has the final say,and there is a tendency for the issuer to side with the cardholder.one of the excuses they use is that as a cybermerchant,we never have seen the card,nor did we swipe that card and turn it over and look at the signature and last but not least,we did not get a signature on charge receipt,there is no charge receipt.
-sig file -------The thrill is gone!!
posted on September 5, 2003 10:01:13 AM new
IF you are accepting credit cards direct, not PayPal, and are using a more up to date credit card processing machine, when you run a card it will tell you via an abbreviation, whether the buyer name, address, zip, match that which the processor has on file as the BILL TO, address.
If we run a card and the bill to doesn't match, we investigate further, and/or call the credit card company, and write the buyer for more info, or suggest that they use Bid Pay.
To check someone out via a Reverse Directory, go to this link.
It is a sad situation in this country when there are so many thieves.
WHAT YOU SELL, I would imagine also effects how much risk is involved. 80% of our items aren't items which would be present in a re-sell market, or a hock market, or a black market. On the other hand 10% of our items are very high risk, and these are the ones I keep a close eye on when it comes to charges and fraud.
In other words, few people would fraudulently purchase a small piece of costume jewelry, a woman's caftan, or such for resale - the risk to them is too high, for such a low return. ON THE OTHER HAND, a dishonest person would be more inclined to fraudulently purchase a camera, diamond, certain machinery, etc., fraudulently, as there is a much greater return on reselling such items.
I think most often, risk is based on what you sell. (I am sure there are a few exceptions, but I’d guess, but I’d also guess that most ridiculous buying with a stolen card/account for inexpensive, small items is done by young people).
posted on September 5, 2003 10:45:13 AM new
when you swipe a card thru a terminal or key in the date online thru a virtual terminal,the cc data is passed to an online sytem which is manned by a company which collects all the cc data from most of the cc issuers in this country.The system will return authorisation,approval code,and various codes on bill to address /
always remember-
name of the cardholder is not on that data base,it is not made available by the card issuers,so you dont know the person who gives you the order is the person whose name is on the card.
second ,address verification verifies not the complete address,just a portion of it,i do not want to disclose here how it is done,as we dont know who is reading this board.
i agree,what you sell has a lot to do with cc fraud-electronic goods,gold jewelry and anything which can be resold quickly for cash.
but then there are some just looking for free merchandise,they have been ordering celtic jewelry lately on various sites,hey 300 rings,no one needs 300 identical celtic rings unless he is a wholesaler/importer.
FBI does not get involved with overseas transactions and does the local police care??say indonesia or nigeria,may be they are proud their citizens manage to get something for nothing!
posted on September 9, 2003 03:57:05 PM new
UPDATE-the newbie buyer after winning apx. 125 high end cameras out of 475 auctions has been NARU'd. Ebay won't tell me the specifics. I went to my post office and they managed to have my package($129 lens) NOT DELIVERED & returned to me. Postmaster in NJ called the specific post office in San Jose, Ca, got ahold of the route carrier and he redirected the package back to me. It will be interesting to see how the paypal charges this guy made (18K) pan out during the next 90 days.
posted on September 9, 2003 04:33:43 PM new
Glad it worked out ok for you. Just as an aside (I'm sure you already thought of this) don't forget to refund the payment through paypal - otherwise down the road you'll be out the amount, the chargeback fee, and have your account frozen for a period of time.
posted on September 17, 2003 04:04:49 AM new
The original poster here. Continuing the updates, the buyer continues to be NARU'd and I have not heard anything from him demanding his lens. Ebay will not tell me why he has been NARUd and what, if any, actions have been initiated by them. I still feel that the apx 150 paid auctions will come back as chargebacks to the sellers in the next 6 months.
posted on September 17, 2003 05:55:54 AM new
the buyer could be NARU'D for many reasons-not having a valid contact address is a common one,shill bidding could be another.
being linked to a prior naru'd ebay id is another.
auction interferences ,bad breadth,etc
posted on September 17, 2003 06:32:44 AM new
it is not likely that he can be using a stolen card to make so many purchases and not get caught earlier.
credit card statement cycle is 30 days,so the cardowner will find out in 30 days.
credit card company also monitors activities much closer now,they compare recent activities to cardowner past buying habits,if they see activities soar in a few days and/or buying many electronic goods or jewelry,they would call the cardowner.
-sig file -------The thrill is gone!!
posted on September 17, 2003 05:02:33 PM new
"Tomwiii: NO, the buyer CANNOT stop it -- once you get email #2 from BIDPAY, the MO is in the mail to you." This is wrong. I actually had this problem with Bid Pay last year where I received email #2 and then the customer put a stop on the money order transaction. I had already shipped the item and had the money order transaction canceled byt the customer. I now only ship after I receive the payment in the mail from Bid Pay.
[ edited by vohnjamm on Sep 17, 2003 05:03 PM ]
[ edited by vohnjamm on Sep 17, 2003 05:04 PM ]
posted on September 17, 2003 05:05:34 PM new
so vonjamn,
what is your point??
did you get the money order or not ??
-sig file -------The thrill is gone!!
I'd ask you to explain that but after 3 years this same old debate is a bit worn out. This horse is dead, there's no point in beating it any longer. I'm not going to be a party to animal cruelty.