Credit Card Scam

[crazy_boy]

yung mga bagong cards meron ng chip so mas mahirap na yatang ma-fraud. unless mali yung alam ko.


sa ibang bansa wireless na yung credit card terminal and dinadala na sa harap ng client para makita na walang daya. usual places na possible ma-hack yung card are restaurants and gasoline stations.

[jmpet626]

Victim ako ng Identity theft sa citi bank credit card ko.. Around 2,000 USD yung pinang shopping spree nung magnanakaw sa US sa groceries, electronics at spa services. Buti na lang na tag as suspicious ng Citibank yung mga transactions so na block kaagad yung card.

Nag fill up lang ako ng form stating na di ko transactions yung mga fraudulent charges at pinalitan ng Citibank yung credit card ko na may chip.

[K.I.L.L.]

Some of the new cards from the fancy companies are transparent with the chip built into the plastic. Some cards employ both the sim and the magnetic stripe.

Here in Manila, who pays for the fraud?

If the shop accepts the payment and has given the goods / service to the thief, would the shop have to pay for the goods or would the bank pay for it?

[Walter]

Some of the new cards from the fancy companies are transparent with the chip built into the plastic. Some cards employ both the sim and the magnetic stripe.

Here in Manila, who pays for the fraud?

If the shop accepts the payment and has given the goods / service to the thief, would the shop have to pay for the goods or would the bank pay for it?

Most likely the merchant will be the one to shoulder the loss. It's their responsibility to check identity of card holder.

[zeus17]

This is not true.
Ang credit cards lang dito ay either magnetic strip or EMV chip that will both require a reader to get the details.

not necessarily not true,wala lang siya sa pinas...pero in time this will be something na feasible,

Hacker Demos Android App That Can Wirelessly Steal And Use Credit Cards' Data - Forbes

[sirkosero]

Some of the new cards from the fancy companies are transparent with the chip built into the plastic. Some cards employ both the sim and the magnetic stripe.

Here in Manila, who pays for the fraud?

If the shop accepts the payment and has given the goods / service to the thief, would the shop have to pay for the goods or would the bank pay for it?

insurance does for big amounts.

matagal lang na proseso. that is why upon dispute, reverse muna agad while doing investigation if proven fraudulent, either absorb ng bank yung small amounts or claim sa insurance yung malalaking amounts.

the shops dont get sanctioned.

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[K.I.L.L.]

not necessarily not true,wala lang siya sa pinas...pero in time this will be something na feasible,

Hacker Demos Android App That Can Wirelessly Steal And Use Credit Cards' Data - Forbes

This is why I'm not a fan of NFC.

[cast_no_shadow]

Those who got victimized how long bago na reverse yung fraudulent transactions?

Update
Card got cancelled
We filled up a form / report stating those disputed transactions
Antay pa kami feedback from BDO


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[kik0matsing]

That's why dapat iaadapt na ung system nang banking tulad d2 sa saudi na any transaction made by credit card at atm may text message ka na matatanggap sa phone mo about the amount withdrawn sa atm at kapag sa credit card ay ung amount purchased at kung saan store nagamit credit card. . .

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[cast_no_shadow]

That's why dapat iaadapt na ung system nang banking tulad d2 sa saudi na any transaction made by credit card at atm may text message ka na matatanggap sa phone mo about the amount withdrawn sa atm at kapag sa credit card ay ung amount purchased at kung saan store nagamit credit card. . .

Posted via Tsikot Mobile App

Yup how i wish ganyan. Yung mga kakilala ko ganyan yung card nila (saudi issued) notified agad after transaction.

One time parang na cut yung card niya, he called his bank akala nung bank niya nanakaw yung card since tuloy tuloy ang transaction. Nakabakasyon siya that time dito.


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