Credit card fraud in the industry

[flyfisherman246]

I own Misery Custom Rifles and I use my business credit card almost daily purchasing gun parts and what not. For years now my business card gets fraud charges and I have to go through the whole process of canceling, waiting on a new card to show up, then updating my card information for all my accounts. It happened again last night and now this is my 6th business card this year. My personal card as well as my wife's card don't ever have this problem. It makes me believe one of my vendors somehow has unsecure payment allowing my information to get out. I'm trying to narrow down where it can be coming from but I use too many vendors to even know where to begin. Has anyone had issues with any vendors in the firearms industry as far as their cards getting frauded? If you don't want to mention names publicly feel free to send me a PM. Thanks, Zack Tannen

 

[sandhiller]

I have had it happen more than I'd like on personal cards
The Card Companies have always been good about refunding fraudulent charges and issuing new cards
Those who figure ways to steal that information are getting better at it.
Pain in the ass that goes with using credit cards IMHO

 

[NoDopes]

Capital One has virtual cards. You create new numbers off the main account. Even create a new one for every vendor. Only have to cancel the one that got stolen. Bonus, you know who leaked/stole it
Edit: you can even set a different limit on each

 

[Bantam1]

We have had more than one company card at my work have fraud charges within 30 minutes of activating a new card. The fraud department at the bank said there are some out there than have computers run numbers and make small charges like a few pennies to see if they are good numbers. Once they have some, they runt he card until it shuts off for fraud. This is dated info we were told maybe 10 years ago.

There are card readers out there on gas pumps, servers at restaurants scan cards (we had that happen on a new card first used at one restaurant in downtown Houston), card readers at stores, etc. I have seen plenty of body cam videos of these scammers getting busted with card readers made to go over the scanners at grocery stores and other places. It seems more prevalent in some states. A majority of the people I have seen busted were Romanian.

I also suspect numbers get recycled because the first 8 are essentially bank numbers, so you are left with 8 numbers to created new CC numbers for. It's hard to say these days. I personally have not had any issues with my bank card, but my personal debit card I have had issues here and there.

 

[EddieNFL]

I own Misery Custom Rifles and I use my business credit card almost daily purchasing gun parts and what not. For years now my business card gets fraud charges and I have to go through the whole process of canceling, waiting on a new card to show up, then updating my card information for all my accounts. It happened again last night and now this is my 6th business card this year. My personal card as well as my wife's card don't ever have this problem. It makes me believe one of my vendors somehow has unsecure payment allowing my information to get out. I'm trying to narrow down where it can be coming from but I use too many vendors to even know where to begin. Has anyone had issues with any vendors in the firearms industry as far as their cards getting frauded? If you don't want to mention names publicly feel free to send me a PM. Thanks, Zack Tannen

Can’t speak for a business card, but we have a personal card compromised about every 18 months. The only one I’m sure of was a gas/convenience store. The wife fired several wait staff over the years for bogus charges on customers cards.

 

[W54/XM-388]

I own Misery Custom Rifles and I use my business credit card almost daily purchasing gun parts and what not. For years now my business card gets fraud charges and I have to go through the whole process of canceling, waiting on a new card to show up, then updating my card information for all my accounts. It happened again last night and now this is my 6th business card this year. My personal card as well as my wife's card don't ever have this problem. It makes me believe one of my vendors somehow has unsecure payment allowing my information to get out. I'm trying to narrow down where it can be coming from but I use too many vendors to even know where to begin. Has anyone had issues with any vendors in the firearms industry as far as their cards getting frauded? If you don't want to mention names publicly feel free to send me a PM. Thanks, Zack Tannen

Get more than one credit card
Or get a card that can use virtual numbers

Start blocking off who of your vendors gets which card, then narrowing it down.
Then find the culprit and nail them and out them publicly that way they fix their stupid system.

 

[Short-bus]

I like using virtual cards where possible. I've been fortunate that my Amex hasn't been compromised....yet. It is a huge pain in the butt when it happens though, I feel your pain.

 

[flyfisherman246]

Really appreciate everyones quick replies. Sounds like the virtual credit cards are worth looking into. Ive never even heard of them. Thanks again!!!

 

[BLEE]

My business AMEX was always getting compromised, but I've had it happen to my personal card, as well.

 

[Herb Stoner]

I like using virtual cards where possible. I've been fortunate that my Amex hasn't been compromised....yet. It is a huge pain in the butt when it happens though, I feel your pain.

Amex is great to deal with. I've only seen fraud on mine a couple of times but, on one occasion, the thieves ran up about $80,000 in charges in a few days before it was spotted. Amex cleared it up without question or any unnecessary hassle.