Tuesday, April 13, 2010

Help!!! Online Transaction Loopholes?

Hi Guys!! I found it absolutely surprising to make an online purchase with an invalid billing address and still my order was approved by the merchant - i've just purchased a download from a leading anti-virus software provider and mistakenly entered a completely wrong billing address and still my order was approved.





It makes me feel worried about the high risk of fraudulent activity loopholes online digital product providers contributes to ecommerce in general.





Can anyone supply me with any online store that will not allow the kind of transaction i have just experienced (i need a store that will decline transactions when billing address isn't valid or compatible with banks record); before i put an end to ever transacting online.





I need a prove to be re-assured that all stores ain't the same. Only provide store links pls.

Help!!! Online Transaction Loopholes?
Hi.





First of all, the post above me is wrong. The store isn't involved in security at all; your credit card company is.





The problem you're experiencing is likely caused by the fact that addresses are only checked for reliability by your 5-digit zip code. If your shipping address' zip code matches the zip code your credit card company has on hand, you'll be approved.





There are no stores online where you can type in an incorrect shipping address with the correct zip code and be disapproved. (Unless, of course, you're disapproved for another reason.)
Reply:they don't care about your adress as long as your CC goes through
Reply:lol most of companies that sell software online don't check your address. you can even enter any name you like and it still would be approved..but when it comes to real goods then there is no way to do something like that...nothing to worry about it's not a loophole


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