Press release debit and credit card processing needs to prevent thefts
Debit & Credit Card Processing needs to prevent thefts..
Published on: Mar 4, 2016
Transcripts - Press release debit and credit card processing needs to prevent thefts
Debit and Credit Card Processing Needs to Prevent Thefts
For Immediate Release:
October 6, 2014
A few years ago, Identity Theft was on the lips of every person with decent credit in the U. S.
Today, the new worry is whether the credit card your business accepts is legitimate or
And, Florida is the worst state in the country for attracting crooks with credit card counterfeiting
skills, according to the federal government. Maybe, it’s the warm climate or maybe it’s the high
number of seniors that makes thieves believe that they can get away with anything unobserved.
For whatever reason, the Sunshine State has long been the target of every kind of flimflam scam
artist in the world.
Wesley Yuhn & ACHDP.com have recently opened a debit/credit card processing service for
Florida businesses that analyses all the components of each of your transactions in order to
protect your business from these counterfeit credit cards and breaches to your customers’
Many of the electronic thefts of credit card information, banking data and personal information
breaches are associated with the Russian hackers. Credit card counterfeiters who have been
traced back to Florida are part of that same gang of thieves, as well. Florida is now known as the
preferred location for the headquarters of counterfeit card-makers.
Apparently the lure of Mickey and Minnie in Orlando are keeping the police there quite busy.
Right now, Orlando police departments are investigating the latest crop of thieves. This new
investigation erupted after they caught some scammers sticking a device into ATM machines to
copy account numbers and embed them into counterfeit cards.
In addition, there is a second skimming device that some store clerks and restaurant cashiers
have been “paid” to use that does the same thing-- capturing the card numbers and financial
codes to access the accounts.
The question is this: With all the knowledge that our IT specialists have, why can’t we see some
method using that technology to identify cards that are counterfeited at the time they are
presented for use – either online or at a point of sale in the real world?
Since ACH is the most reputable processor in the nation – perhaps even internationally – and
since they have the brightest minds in the world in terms of protecting information, we have
great hope that the whispers that they are working on a data detector gives consumers and police
the edge in stopping these thefts. Mr. Yuhn has yet to comment on these rumors but we can
Some agencies are suggesting that consumers and businesses opt for alternative payments such
as PayPal, ApplePay and Google Wallet. But, each of these holds downfalls for businesses.
For example, one little tidbit of information that most people do not realize about PayPal is that
when a consumer claims that the product or service was not received, the payment is
immediately returned to the consumer without any investigation or evidence that the purchaser is
being truthful. And, it is legal because it is part of what a business agrees to when opening an