Virtual Credit Card Fraud: Its Risks & How to Prevent it
Seon
JUNE 21, 2023
Multi-use VCCs : With low-friction onboarding, fraudsters may use bots to try and generate cards en masse. If you find that, say, one IP geolocation user keeps using multiple virtual credit cards at a suspiciously high rate, this could be a sign of foul play, or at least of bot-like automation that may raise red flags.
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