| UBA Credit Card Fraud by Trendy247: 11:02pm On Jan 12 |
My sister just got series of debit alerts this evening from UBA. Her card was used by an unknown scammer to make purchases online. She was only able to transfer out about 25k of the money.
According to her, she only used that particular card once this week to withdraw on a Pos machine (My prime suspect).
How possible is it for these guys to pull these stunts without OTP? 
|
| Re: UBA Credit Card Fraud by SUPERPACK: 12:43am On Jan 13 |
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. 16 Likes |
| Re: UBA Credit Card Fraud by Aaaaarghmed(m): 5:45am On Jan 13 |
SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. nice,you are a smart dude. 5 Likes |
| Re: UBA Credit Card Fraud by Trendy247: 6:41am On Jan 13 |
SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. Thanks for this information. Please Is there any way it can be traced? |
| Re: UBA Credit Card Fraud by Sparrk007(m): 7:57am On Jan 13 |
Yahoo is on another level once someone get access to your card mehn you are gone, all they need is to snap numbers writing on the card |
| Re: UBA Credit Card Fraud by talk2hb1(m): 8:17am On Jan 13 |
What I always do is my salary account card stays at home it doesn’t go out and I don’t use it in places I don’t trust or I can’t hold them accountable.
Here is How Buffer my ATM card risk
If I need to withdraw from POS I transfer little amount 10-20k) into the card account for withdrawal, for huge amount na transfer which I must have prep into another account.
The moment I start seeing irregularities on my akkant laidis, I can easily know who to hold. |
| Re: UBA Credit Card Fraud by westlius(m): 10:35am On Jan 13 |
SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. Thanks for the update So useful |
| Re: UBA Credit Card Fraud by Nomerci: 11:02am On Jan 13 |
Mr i too know. So those using sim card clone to hack and withdraw.what wil u say. Go sleep. Snap which atm card. U talk as if nigeria is a deserted place. Who will snap your atm in a que where there are thousands or millions of ppl passing thru,coming smd going. Some coming to ask if its dispensing. Ther person at your back is tired and exhausted. Dont be stupid SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. |
| Re: UBA Credit Card Fraud by SUPERPACK: 1:34pm On Jan 13 |
Nomerci:
Mr i too know. So those using sim card clone to hack and withdraw.what wil u say. Go sleep. Snap which atm card. U talk as if nigeria is a deserted place. Who will snap your atm in a que where there are thousands or millions of ppl passing thru,coming smd going. Some coming to ask if its dispensing. Ther person at your back is tired and exhausted. Dont be stupid My post is for those with brain not those that are brainless . Peace. 5 Likes |
| Re: UBA Credit Card Fraud by Nomerci: 1:43pm On Jan 13 |
You are not exposed. I asked u a question. Those that move funds with lost sim card or stolen phone with sim carnd nko. Ndi ara.ode SUPERPACK:
My post is for those with brain not those that are brainless . Peace. |
| Re: UBA Credit Card Fraud by SUPERPACK: 3:13pm On Jan 13 |
Nomerci:
You are not exposed. I asked u a question. Those that move funds with lost sim card or stolen phone with sim carnd nko. Ndi ara.ode My post is for those with brain not those that are brainless . Peace. 4 Likes |
| Re: UBA Credit Card Fraud by Nomerci: 3:51pm On Jan 13 |
Dunce SUPERPACK:
My post is for those with brain not those that are brainless . Peace. |
| Re: UBA Credit Card Fraud by SUPERPACK: 4:04pm On Jan 13 |
Nomerci:
Dunce My post is for those with brain not those that are brainless . Peace 4 Likes |
| Re: UBA Credit Card Fraud by Nomerci: 4:05pm On Jan 13 |
Dunce.oya shift go front. Dunce. Whenyour lost your phone .na heart attack alert u go see next.no worry. SUPERPACK:
My post is for those with brain not those that are brainless . Peace |
| Re: UBA Credit Card Fraud by SUPERPACK: 4:06pm On Jan 13 |
Nomerci:
Dunce.oya shift go front. Dunce. Whenyour lost your phone .na heart attack alert u go see next.no worry. My post is for those with brain not those that are brainless . Peace 4 Likes |
| Re: UBA Credit Card Fraud by Nomerci: 4:07pm On Jan 13 |
Blockhead SUPERPACK:
My post is for those with brain not those that are brainless . Peace |
| Re: UBA Credit Card Fraud by SUPERPACK: 4:10pm On Jan 13 |
Nomerci:
Blockhead My post is for those with brain not those that are brainless . Peace 3 Likes |
| Re: UBA Credit Card Fraud by BenedictAbajue(m): 4:37pm On Jan 13 |
SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. Omo. I experienced this first hand. Dem use my card buy weapons for free fire and call of duty tire. I had to block it and get new one. Web pur @ Lagos Lagos N. And na UBA too My new card now na to use Tpeks cover the Security wey dey the back |
| Re: UBA Credit Card Fraud by ZaddyJ: 5:16pm On Jan 13 |
Trendy247:
My sister just got series of debit alerts this evening from UBA. Her card was used by an unknown scammer to make purchases online. She was only able to transfer out about 25k of the money.
According to her, she only used that particular card once this week to withdraw on a Pos machine (My prime suspect).
How possible is it for these guys to pull these stunts without OTP?
Na inside job Go run craze with the manager of the bank and see how ur money will be out in stipulated time . It happens to me 2022 ,someone booked uber with mines |
| Re: UBA Credit Card Fraud by Prolificgiant(m): 6:42pm On Jan 13 |
SUPERPACK:
It was a ""card not present"" transaction using the 16 digits in front of the card, expiry date and the Security which is the 3 digits at the back of the card. It was done using a 2D payment gateway website so no Otp is required.
There are two types of Debit/credit card transactions; card present transaction and card not present transactions.
.
Card present transactions; this is when you transact with the card physically in an ATM stand, POS, Hotel checkout or Mall checkout, in these situations a pin is required to authenticate the transaction and show you own the card. Though in some situations, a contactless card can be swiped for payment without any pin or authentication method demanded.
.
Card not present transaction; This is when a purchase is been made with a card but it is online, so the seller is not seeing the buyer. In situations like this if it is local (inside Nigeria) purchase an OTP is needed to authenticate, but if it is international (outside Nigeria), a ¢vv is the only means of authentication mostly. The čvv is the 3 digits behind your card and when used during a card not present transaction indicates that the buyer is in possession of the card truly and should be his, so no OTP is sent. This is the only advantage of using a Verve card because it is only valid in Nigeria and for those with no intention to transact internationally.
.
I wish Nigerian banks will do more in sensitizing their customers on card security, uses and how to prevent fraud, I see no need giving a Visa card or Mastercard to an old man/woman or a young man who doesn't have plans to use it internationally. Also the way people hold their card on ATM queues as if it is an ID Card is dangerous because the person at your back could snap it with his phone and in such case now has the card too just like the owner. you have a vast knowledge of the ATM card ,thanks for the enlightenment |
