Online credit card fraud warning for South Africans

boerbok

Well-Known Member
Joined
Sep 26, 2006
Messages
101
I cannot understand how banks can not control this in applications. Every small thing I do I need to get RICA'd. But it seem if you applying online from an IP in Nigeria no RICA needed
Seems to me a lot of BS from the banks to protect themself
 

kianm

Honorary Master
Joined
Jan 13, 2014
Messages
10,433
Gauteng topping the list basically because that's the heart of the economy and appetising for the criminals. But also don't the banks do background checks on those online applications, surely if fake identities are used they wouldn't qualify for credit. Unless they are using real people's identities and obtaining ID copies etc etc of the victims :confused:
 

krycor

Honorary Master
Joined
Aug 4, 2005
Messages
15,103
CVVs are always gonna be a problem unless there is OTP for CVV or approvals forced.

Chip and pin works fine.. But if you cvv is not removed or masked then you asking for trouble too. I've seen tellers having a nice long look at pans and cvv & love it when they shocked to see my cvv removed.. Yah hide the fact that you looked now..
 
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