The consumer gets hurt by unwanted charges, while the company has to refund the money spent on the site.
Chicago, IL (PRWEB) April 28, 2014
PropertyValueSource.com is launching new software that will make it much more difficult for scam artists to purchase products and services with stolen credit cards, the company announced yesterday.
“One of the things you always have to worry about when you run an online company is scam artists,” a PropertyValueSource.com spokesman said. “Particularly a low-priced site like ours. People who steal credit card information will often try to use a site like ours first before they go and buy more expensive goods, just to make sure the card has not been canceled yet.”
Credit card scam artists hurt consumers and websites alike, he said. The consumer gets hurt by unwanted charges, while the company has to refund the money spent on the site.
“The good news is that there are various red flags that pop up when someone tries to use a stolen credit card on a website,” he said. “And it's possible for our software to pick up on those red flags and block the charge before it is processed. Then the scam artist will think the card isn't any good, and not use it to try to make additional charges.”
PropertyValueSource.com has beta tested the software to make sure it will not impact honest customers.
“This should only block people who are trying to run a scam,” he said. “Nobody else should be effected.”
Customer service website PropertyValueSource.com was created to serve the needs of public records clients across North America. With thousands of requests processed each day, PropertyValueSource.com continues to grow as a reputable customer service resource. Visit PropertyValueSource.com to chat with a live representative, call 1-855-668-0098, or email Support(at)PropertyValueLookup(dot)com with any questions or concerns.