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by CapacitorSet 3137 days ago
I don't understand, what were the scammers trying to achieve?
2 comments

Trying to validate stolen or generated credit card numbers.
That's not always what is going on. In some cases unscrupulous operators will run through large numbers of $1 transactions in order to lower their chargeback rate.
This sounds interesting - can you explain further?
Chargebacks have a cap, if you go over that cap you get fined or lose your merchant account. So in order to dilute the pool they'll make a lot of low $ amount charges usually masquerading as some charity, those will have very low charge back rates so the average charge back %age will drop.
Maybe hoping there was an affirmative response if the card did go through?