Savvy consumers have known for some time now to be aware of credit card skimmers, little electronic devices that fraudsters install in gas pumps and other inadequately-supervised credit card reading devices. When a customer places their card in the reader to make a payment, the skimmer copies their credit card information for the fraudster to retrieve later. Crack open any local newspaper and sooner or later you’re likely to find a warning from a law enforcement agency about skimmers spotted at a rural gas station or out-of-the-way ATM.

You might think that as an ecommerce merchant, skimmers are one fraud scheme you don’t have to worry about. Unfortunately, skimmers are going digital. Consumers who fall victim to this new “eskimmer” technology will surely file chargebacks against the unauthorized charges that fraudsters put on their cards, and merchants have no legitimate means to fight chargebacks based on true fraud.

Full Text:
https://www.chargebackgurus.com/blog/eskimmer-and-formjacking-protection

©Chargeback Gurus 2020
Production: Tyler DeLarm
Narration: Eddie Leonard