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by philipwhiuk 979 days ago
I hope they're prepared for the wave of fraudulent card transactions.
2 comments

Id expect they are. And that will allow them to shut off more accounts.
The people making those charges don't care about the accounts; they're using the $1 charge to test that the stolen card details work before going and buying a $500 gift card somewhere else.

The victim eventually does a chargeback, which are expensive and risk your merchant account.

> they're using the $1 charge to test that the stolen card details work before going and buying a $500 gift card somewhere else

Why would they start using twitter for this rather than the current merchants they use?

Yeah they'll get even more money. Unlike small businesses or startups their payment processor not going to get rid of them for those refunds.