Krebs recently covered a triangle fraud scheme where stolen credit cards are used to buy and resell products. Criminals set up online stores, make purchases using stolen cards, and have the products sent to unknowing recipients via courier services. Getcho has been blocking triangle fraud by closely monitoring deliveries and flagging suspicious patterns like distant IP addresses and phone lines. By using tools like Stripe Radar and geolocation services, Getcho helps prevent triangle fraud automatically. They also assist retailers with their buy online, pick-up in-store processes, ensuring smooth transactions. By being vigilant, Getcho has successfully prevented numerous instances of triangle fraud.
https://getcho.app/blog/triangle-fraud-brick-mortar/