In FraudLabs Pro, a device refers to the hardware that a buyer used to visit an e-commerce site. It would mean a laptop, desktop, mobile, tablet and so on. And, each device will be assigned with a unique identifier using HTTP cookies for device validation tracking.
How to prevent Buy Now, Pay Later frauds
Buy Now, Pay Later (BNPL) can be considered the modern incarnation of the old installment plans that some brick-and-mortar stores give their customers. BNPL is often available on major e-commerce websites. Upon checkout, customers just have to select the BNPL option and their repayment schedule. There is usually no upfront […]
How chargebacks affect merchants and their online businesses
Chargebacks or credit card disputes, are the bane of every merchant that accepts credit card payments. Not accepting credits card is impossible with almost every customer having at least 1 card. It’s a convenient and fast way to make purchases hence its wide spread usage everywhere. How does a chargeback […]
Useful tips for merchants to handle chargebacks
Accepting credit card payments for an online store is pretty much expected these days. For the online merchant, getting hit with credit card disputes (a.k.a. chargebacks) is also inevitable. There are things that a merchant can do to mitigate the losses from chargebacks. Merchants can fight chargebacks with evidence While […]
Data breaches breed more online payment frauds
Used to be that data breaches only happen once every few years. Sadly, that is no longer the case. We keep hearing about breaches on a fairly regular basis these days. The amount of data stolen in breaches are gold to online scammers. This is especially true if the data […]
What is Credit Card BIN (IIN) and how do I retrieve this information for fraud validation?
All payment cards such as credit cards, debit cards, gift cards, etc. have a card number as the identifier for the account. These numbers follow the ISO/IEC 7812 standard. What is the Credit Card BIN (IIN)? The first six or eight digits of the card number is the Issuer Identification […]
Why fraudsters create fake accounts?
Fraudsters are everywhere on the Internet. If you run a website that allows users to create an account in order to access goods or services then you will definitely encounter your fair share of them. For the purpose of this article, we’ll cover 2 types of such fraudsters. Credit card […]
How to use FraudLabs Pro as reference only
While it’s totally safe to let FraudLabs Pro automatically reject or mark an online order for review, some folks may prefer to do this step for themselves. Perhaps they are still testing the fraud detection feature and don’t wish to impact live sales orders. So today we’ll show you how […]
How to stop multiple orders from the same IP address
As an online merchant, you should always be on the lookout for fraud. One sign of fraud is multiple purchases within a short period of time by the same user. One or two purchases per day is considered normal for most e-commerce sites. But anything over that, should trigger a […]
What are AVS and CVV2?
What is AVS? The Address Verification System (AVS) is a service by payment gateway providers to check that the billing address in an order matches the one on file for the credit card. It is not supported by all credit card providers. Mainly the United States, Canada and the United […]