What is Card Testing Fraud?
Card testing fraud is a method used by cybercriminals to verify the legitimacy of stolen credit or debit cards. It involves using the card details to make small purchases or checks online, which can be used to confirm if the card is active and has sufficient funds.
How to Prevent Card Testing Fraud: A Merchant Guide
How Does Card Testing Fraud Work?
The process typically involves using the card's primary account number (PAN) to make a purchase or check the balance. If the transaction is successful, it indicates that the card is valid and could be used for larger transactions.
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Common Methods Used in Card Testing Fraud
- AVS Check: This method verifies the address and ZIP code associated with the card.
- CVV Check: The Card Verification Value (CVV) is a three or four-digit number on the back of the card, used to ensure the card is in the possession of the legitimate cardholder.
- IP Address Check: This involves checking the IP address used to initiate the transaction to ensure it matches the billing address.
Preventing Card Testing Fraud
Understanding how card testing fraud works can help you take steps to prevent it. Here are some tips:
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- Keep your personal and financial information secure.
- Monitor your accounts regularly for any unauthorized transactions.
- Use strong and unique passwords for online accounts.
- Be cautious of phishing scams.