| > request a transaction for a different merchant? To be able to pull this off: 1. You need to register yourself as a merchant at an acquirer bank. Either directly or through intermediaries such as Stripe/Square etc., 2. Go through reasonably stringent KYB (Know Your Business) process. 3. Do a few legitimate transactions so that everyone in the payment processing chain (acquiring bank, payment gateway etc., issuing bank, network (Visa/MasterCard)) begins to trust you. 4. Reconfigure the kiosk to use the above merchant account. 5. Pull out money from the acquiring bank before enough customers raise a charge-back and your your account is marked as fraudulent by someone/everyone in the payment processing chain. These fly-by-night merchants are indeed created; especially at marketplaces such as EBay, Amazon. But to do it at a physical kiosk such as McDonalds' seems like a low ROI to me. |