Bogus “gadget” websites are putting merchant acquirers at risk for card network fines and assessments. G2 analysts have seen a recent increase in illegal gambling sites laundering their transactions through gadget sites—usually a simple site selling a few select items, often consumer electronics, power tools, or sporting goods. Transaction laundering—one merchant processing payment card transactions… read more
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Post Categories: Merchant Monitoring, Money Laundering, Online Gambling
