RE: [registrars] Credit Card Problem

["Bhavin Turakhia" <bhavin.t@directi.com>]

Ill definetly do this. Will circulate the document as soon as it is
done.

Thanks
bhavin

> -----Original Message-----
> From: Rick Wesson [mailto:wessorh@ar.com] 
> Sent: Thursday, September 26, 2002 12:55 AM
> To: Bhavin Turakhia
> Cc: 'Michael D. Palage'; registrars@dnso.org
> Subject: RE: [registrars] Credit Card Problem
> 
> 
> 
> Bhavin,
> 
> perhaps you could write a paper on fraud mitigation so those 
> registrars not attending Shanghai can also take advantage of 
> your techniques.
> 
> I'm happy to colaborate if you don't have time to write it 
> and just want to throw some text my way.
> 
> -rick
> 
> 
> On Thu, 26 Sep 2002, Bhavin Turakhia wrote:
> 
> > Hi,
> >
> > Apart from Directi, I also run a separate company called 
> Transecute. 
> > Transecute is a payment gateway service (the first one in 
> India) and 
> > serves the largest ecommerce customers in India.
> >
> > Most of my work and contribution in Transecute has been towards 
> > building a comprehensive fraud detection engine, and I am 
> happy to say 
> > that over the past 2 months, the engine has detected almost 100% 
> > (about 2 transactions went thru undetected) of all fraudulent 
> > transactions. I have specially designed a custom engine that 
> > claculates a risk value for each transaction based on a 
> large number 
> > of variables.
> >
> > While I cannot offer this service (since Transecute 
> currently operates 
> > only in India) I can share a large number of valuable 
> techniques and 
> > information with all of you at Shanghai. 2 years ago, when 
> we started 
> > out I have seen some of our clients hit bad due to chargebacks. 
> > Fortunately I have had enuf learning at the cost of others :) ..... 
> > And as of now Transecute has the minimum chargeback ratio with our 
> > acquirer.
> >
> > Best Regards
> > Bhavin Turakhia
> > Founder, CEO & Chairman
> > Directi
> > ----------------------------
> > Tel: 91-22-6370256 (4 lines)
> > Fax: 91-22-6370255
> > http://www.directi.com
> > ----------------------------
> >
> > > -----Original Message-----
> > > From: owner-registrars@dnso.org 
> [mailto:owner-registrars@dnso.org] 
> > > On Behalf Of Rick 
> Wesson
> > > Sent: Wednesday, September 25, 2002 11:54 PM
> > > To: Michael D. Palage
> > > Cc: registrars@dnso.org
> > > Subject: Re: [registrars] Credit Card Problem
> > >
> > >
> > >
> > > Lets have a session on this in china.
> > >
> > > -rick
> > >
> > > On Wed, 25 Sep 2002, Michael D. Palage wrote:
> > >
> > > > 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
> > > >
> > >
> > >
> > >
> >
> 
> 
>