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Credit card fraud. It gets easier? filter_list
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Credit card fraud. It gets easier? #1
This thread does NOT promote, educate or suggest fraud.

So I ran into this video, and in my eyes this is just opening the world up to more fraud.

With this app+device, surely all you'd need is to grab someone's credit/debit card for 10 seconds, swipe it, take a picture and BOOM.
You've duplicated their card and can return to it's owner. What're you thoughts, Sinisterly?

Their site: https://onlycoin.com/

Coin's FAQ Wrote:Q. What steps does the Coin app take to prevent cards from being added fraudulently?
A. The Coin app requires that you take a picture of the front and back of the card, type in card details, and then swipe the card
(using a reader we provide) to ensure the card’s encoded magnetic stripe data matches the card details provided. It is not possible
to complete these steps unless you are in physical possession of a card. As an additional safeguard, the Coin app will only allow you
to add cards you own.

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Messages In This Thread
Credit card fraud. It gets easier? - by lux - 11-16-2013, 08:20 PM
RE: Credit card fraud. It gets easier? - by lux - 11-16-2013, 08:25 PM
RE: Credit card fraud. It gets easier? - by Jolly - 11-16-2013, 08:39 PM
RE: Credit card fraud. It gets easier? - by lux - 11-16-2013, 08:42 PM
RE: Credit card fraud. It gets easier? - by Jolly - 11-16-2013, 08:47 PM
RE: Credit card fraud. It gets easier? - by lux - 11-16-2013, 08:52 PM
RE: Credit card fraud. It gets easier? - by Jolly - 11-16-2013, 09:13 PM
RE: Credit card fraud. It gets easier? - by w00t - 11-16-2013, 08:59 PM
RE: Credit card fraud. It gets easier? - by lux - 11-16-2013, 09:00 PM
RE: Credit card fraud. It gets easier? - by w00t - 11-16-2013, 09:11 PM
RE: Credit card fraud. It gets easier? - by lux - 11-16-2013, 09:12 PM
RE: Credit card fraud. It gets easier? - by w00t - 11-16-2013, 09:33 PM
RE: Credit card fraud. It gets easier? - by Lem0n - 11-18-2013, 05:02 AM



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