Mobile Industry Review - Latest Comments in Visa tests out text fraud warnings

Re: Visa tests out text fraud warnings

Nir — Sat, 23 Aug 2008 14:27:38 -0000

I have had this service in Israel for about 6 months. Works great! I get an SMS within seconds of the transaction with all the details and a phone number to call if the transaction wasn't mine.

Re: Visa tests out text fraud warnings

bensmith — Wed, 20 Aug 2008 13:03:50 -0000

Visa's the payment processor it's you bank that would need to implement this, at least in the UK. Not sure how / if it differs in the US.

Re: Visa tests out text fraud warnings

sevendotzero — Wed, 20 Aug 2008 12:52:40 -0000

They've stolen my idea! I blogged this here on Mobile Industry Review a few weeks back.

Re: Visa tests out text fraud warnings

smstextnews — Wed, 20 Aug 2008 09:30:16 -0000

We should have had this in 2003... why has it taken them X years to get off
their arse?

Re: Visa tests out text fraud warnings

rickyc — Wed, 20 Aug 2008 06:49:34 -0000

that is a fantastic idea, I agree this is what they should be implementing.

Re: Visa tests out text fraud warnings

TerenceEden — Wed, 20 Aug 2008 05:16:45 -0000

I'd say this should be as standard. Every time a transaction is made on my card, I should receive an SMS straight away.

"£12.34 @ Waterstones, W1. 0955am on 18/08/2008. Reply with FRAUD to place your card on hold."

Or, if you're busy, a digest at the end of every day.

Of course, this would be a lot easier if credit card companies had .mobi sites to let one check their balance.