| Preventing credit card fraud in face-to-face | | | | compare the provided information to the one stored in |
| transactions often depends on the preparedness and | | | | the magnetic stripe. |
| motivation of the point-of-sale staff. The merchant has | | | | If you are using a terminal that displays or prints the |
| a responsibility to verify the card account number at | | | | account number on the sales receipt, it will usually use |
| the point of sale, before a transaction is completed. | | | | the last four digits of the number. If the numbers do not |
| Doing so is also in your own best interest, as every | | | | match, you will receive a "No Match" message. In such |
| unauthorized or fraudulent transaction will most likely | | | | instances you should make a "Code 10" call to your |
| result in a chargeback that you will not be able to | | | | merchant account provider's voice authorization center |
| reverse. Most point-of-sale terminals today allow | | | | and follow the instructions. |
| merchants to verify that the account number | | | | Visa and MasterCard, as well as all other major credit |
| embossed on the front of the card is the same as the | | | | card companies now require that point-of-sale |
| account number encoded in the magnetic stripe of the | | | | terminals truncate card account numbers when printing |
| card. The exact verification procedure will depend on | | | | them on sales receipts. This means that only the last |
| the type of terminal used at your store. Some | | | | four digits of the account number should be printed on |
| terminals will display the information contained in the | | | | a sales receipt and the expiration date should not be |
| magnetic stripe or will print it on the sales receipt. | | | | shown at all. This is intended to be an additional |
| Others will check the numbers electronically. The latter | | | | preventive measure to protect consumers against |
| type of terminals will ask the merchant to input the last | | | | card processing fraud. |
| four digits of the embossed card number and | | | | |