Quote:
Originally posted by EscortBiz
ok say you have an account with bank ABC you know the routing is
123456789
and account number is
10231231231231
All you do is make sure you create a fake account number with the same amount of digits, thats the only thing the DB of the billing companies check.
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Escortbiz,
We use Starcheck (and other verification filters) which helps stop the type of fraud you have mentioned above. It works with approximately 50% of U.S. checking accounts. Starcheck gets nightly reports of the actual account #s and whether those accounts actually had a positive balance during the repoing time the night before. I believe WTS uses it as well. We are working on a new verifications sytem that will actually reserve the funds on realtime but it is a bit away at this point.
Interested?
Mitch
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Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
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