NEED HELP: How to eliminate credit card fraud in my online store

Hello,

I have big problem with my online store. I am selling digital products with instant download after payment and prices start from 100usd to 1000usd, so scammers very like that niche and around 80% of all order is fraudulent order when STOLEN credit cards is used. This result in chargebacks and later in closed account. I had three 2checkout accounts, but all are closed because of this. 2checkout offer fraud detection, but I could say it doesnt work, they reduce just a little part of fraud. I am also using fraudlabspro to detect these fraudulent orders, I check if user IP matches country he entered, also check if they are using proxy or hosting services, but anyway they somehow find the way to pass this check... Also 2checkout block account if there are too many refunds, so if I refund to all fraudulent orders, they dont like it... Can anybody had this issue and can help me? Please share your experience how you fight it. PLEASE HELP

 

I wouldn't be sure on how to stop it but il tell you what they DO to get by those checks.
First of all the majority of them use mobile modems with a sim card inside them , so it doesn't link back to anything or either there at internet cafes using public computers. ( just mixing it up there own way )

And the credit cards they get will most likely be from there region so there location matches and they pass the checks , to be honest i wouldn't be to frustrated , at the moment nike is being frauded the shlt out of and so are alot of other big companies... Your just going to have to up your game when it comes to stopping fraud services .
Thats all there is to it, its going to happen one way or another . it even happens to Apple

 

PayPal Gateway is best for this kind of situation because its hard to card on Paypal, you fraud issue will be solve 100%

 

But paypal has big fraud problem too, as frauders take passwords from paypal owners and use it to buy products on internet. We send out product and day after paypal informs that this payment is fraudulent.

 

I have an interesting solution. please email me at [email protected]