RE: [registrars] Credit Card Problem

["David Wascher" <dwascher@iaregistry.com>]

We monitor every morning large transaction with some profiling. We have
recently gotten emails from Visa, MC and Discover Card that increased
transaction fees up to .50 cents will be applied if the CVV2 or CID code are
not passed back. Using the CVV2 code along with the AVS has drastically cut
down our fraud.

Thanks,
David

::-----Original Message-----
::From: owner-registrars@dnso.org [mailto:owner-registrars@dnso.org]On
::Behalf Of JP
::Sent: Wednesday, September 25, 2002 5:31 PM
::To: registrars@dnso.org
::Subject: Re: [registrars] Credit Card Problem
::
::
::All,
::
::I agree on both accounts, we should get refunded on the unused deleted
::years, and we should share the information on fraudulent use of credit
::cards.
::I do not se why the sharing of stolen credit card numbers and or bogus
::e-mail addresses could be a privacy problem.
::We should address this issue as soon as possible.
::
::JP
::
::
::> From: Paul Goldstone <paulg@domainit.com>
::> Date: Wed, 25 Sep 2002 14:47:56 -0400
::> To: "Joyce Lin" <joyce@007names.com>
::> Cc: "Michael D. Palage" <michael@palage.com>, <registrars@dnso.org>
::> Subject: Re: [registrars] Credit Card Problem
::>
::> Joyce,
::>
::> I completely agree.  We come across our share of fraudulent registrants
::> (mainly 10 year regs and certain countries) and more often than not, we
::> trace them back to bogus records at other registrars too.  I've
::been hoping
::> for a shared list of fraudulent users since the early days and
::expected it
::> to come into play with the introduction of ICANN.  IOW, I'm all for it.
::>
::> ~Paul
::>
::> At 02:13 PM 9/25/2002 -0400, Joyce Lin wrote:
::>> All,
::>>
::>> I have expressed concern about the credit card fraud issue a
::few weeks ago.
::>> As I said that those abusers tend to go to the extreme, 10 years
::>> registrations. I strongly believe the registry should refund us the
::>> remaining whole years of registration fees when we delete the
::domain name
::>> after a fraud is discovered.
::>>
::>> To request a card code is one more step to reduce the fraud. I have
::>> identified one of our abusers also owns some other domain
::names and I wish
::>> we registrars could share that type of informations in a
::private manner.
::>>
::>> Joyce
::>>
::>>
::>> ----- Original Message -----
::>> From: "Michael D. Palage" <michael@palage.com>
::>> To: <registrars@dnso.org>
::>> Sent: Wednesday, September 25, 2002 1:35 PM
::>> Subject: [registrars] Credit Card Problem
::>>
::>>
::>>> As I have indicated to the list in the past credit card problem is a
::>> growing
::>>> problem within our industry, in fact I was surprise to hear on
::>>> Register.com's Third Quarter 2002 Update Conference Call how bad the
::>> problem
::>>> is. http://biz.yahoo.com/cc/2/21512.html.
::>>>
::>>> I would really like to assemble a group of people to start
::looking at this
::>>> problem. Moreover, if there is a mechanism to both reduce credit card
::>> fraud
::>>> and enhance the accuracy of the Whois data this could be a win-win
::>>> situation.
::>>>
::>>> Let me know if anyone is interested.
::>>>
::>>> Mike
::>>>
::>>>
::>
::