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Australian consumers may soon be able to shop online using their EFTPOS cards. Click on the title to read more $5million deal offers Australians shopping online with EFTPOS. Offshore sites are where Australians lost most of the total losses of $A88million to fraudulent card-not-present transactions last year. Soure: www.cartoonstock.com And with the losses some $15million higher than last year, the news isn’t good for Australian holders of Visa, Mastercard and American Express credit and charge cards. Click on the title to read more Australians lose $88million to virtual card fraud last year, up $15million on 2008 Families with teenagers not old enough to own or operate a credit-card are the target market for payclick.com.au – a new, pre-paid, online payment scheme launched yesterday by Visa Australia. Click on the title to read more Visa Australia launches payclick.com.au online payment scheme US credit-card giant, Visa, is the new owner of the Authorize.Net payment gateway used by tens of thousands of online shops the world over. Click on the title to read more $US 2billion deal sees Visa buy Authorize.Net payment gateway, Cybersource. An international organised crime network is stealing PIN and account numbers in attacks on EFTPOS terminals at major Australian retailers. Michael Outram, CEO of the Australian Crime Commission, said this week that skimming devices installed in EFTPOS terminals are capturing customer card information and Personal Identification Numbers (PINs).Counterfeit cards are being created with the information and Click on the title to read more Australian EFTPOS terminals targeted in skimming attacks |
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