Your Mouse Might Prevent Online Fraud




How You Hold Your Mouse Might Prevent Online Fraud

As fast as new security tools are implemented to combat online credit card fraud, criminals devise new ways to beat the system or find new weak spots in how online credit card processing works.  Chosen Payments constantly monitors solutions that keep our merchants safe from experiencing a fraud loss.

Many of our clients such as home housewares, limo operators, uniform retailers and trade associations conduct the majority of their business through online transactions so improvements in fraud disruption are an important consideration.

If we go back in time to the early 90’s, we were pretty easily duped by phishing emails and Nigerian scam artists.  We gave up our personal data pretty easily because eCommerce was new and we had no idea how it worked.  This was like turning on a faucet of money for many fraudsters.

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Chosen Payments Excels



Press Release


For Immediate Release

Contact: Jim Luff


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CHOSEN PAYMENTS NAMED to the 2017 Inc. 5000 List with 3-Year Sales Growth of 564%


MOORPARK, Calif. (August 21, 2017) – Inc. Magazine has named Chosen Payments to its 2017 Annual Inc. 5000, an exclusive ranking of the fastest growing privately owned companies in America.  The list represents a comprehensive review of privately held corporations that make up the backbone of the nation’s commerce and economy.  Companies such as Dell Computers, Domino’s Pizza and Zillow have appeared on this list in their infancy.  

Chosen Payments was ranked #800 in a review of more than six million privately owned companies. 

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What is SSL (Secure Sockets Layer)



Why use SSL?

You have more than likely seen the term SSL and you know it has something to do with internet security but you aren’t exactly sure if you need it, if you should be using it or even if you should look for it when doing business online.

SSL stands for Secure Sockets Layer. It is the standard security technology for establishing an encrypted or a coded link between a web server and your browser such as Firefox or Google Chrome. This link ensures that all data passed between a website and your computer remain private. This is particularly important when you are transmitting your credit card information to the website for a purchase. Think of it like this: If you were to give your credit card number to a particular vendor over the airways of your favorite radio station, you would be horrified at the thought that anyone listening could record it and keep it. However, if you had a magic voice scrambler that could rearrange the numbers of the card, the expiration date and 3-digits or 4-digit code as you said them and then revert them back to the correct order only to the company you want to have it everything would be okay. The internet is very public and SSL technology is a scrambling system that prevents unauthorized people from viewing, joining or following your transactions.

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Smart Payment Cards Are Coming


In 2015, over 2 billion smart payment cards were distributed.  That’s up 34% over 2014.  American’s are demanding “contact less” cards featuring the so-called “tap and go” technology.


What is a smart card?  Similar to Apple Pay or Google Wallet (which use your smart phone), a smart card is a single card that contains all of your different credit cards, frequent flyer mileage accounts, in-store cards and member loyalty cards all tidied up into one dynamic card.


Smart credit cards primarily offer convenience while maintaining security. Instead of carrying a dozen cards (including gift and rewards cards), all your payment options are in one dynamic card.


You may be wondering how all this works.  It works like this: A card similar to the magnetic stripe cards you currently carry is embedded with a Bluetooth connection that it uses to act as a variety of cards.  At least two companies have entered the space: Swyp and Stratos.  You'll have to wait to get them, though. They are currently taking pre-orders.



The selling point on smart credit cards is that they offer convenience. Instead of crowding your wallet with many cards, one digital card represents them all.  Stratos, and  Swyp achieve this in an unexpected way. When you receive one of these cards, it comes with a magstripe reader that looks a lot like the Square or PayPal card readers. Once you've confirmed your identity, you'll be able to add your "old school" cards to the smart card's app by swiping them through the card reader. Using Bluetooth, the app loads the information onto your smart credit card. How can one magnetic stripe act as many different cards? Like this: When you select the card you want to use, an induction coil embedded within the card sends a signal that re-programs the magnetic strip.


They're just like any other credit card, so you should be able to use them everywhere.  Most of the credit cards in your wallet are actually equipped with two magnetic stripes, called "Track 1" and "Track 2." You can't see them.  They are usually masked under what looks like a single stripe. Track 1 is primarily used for your name, while Track 2 is used for your credit card number.  If a credit card contains both tracks, then your card will be accepted universally. But, if the card only contains one track (Track 2), then some credit card terminals might not be able to read it.   Smart cards can also be used with ATMs.


There are many new built-in security features that will protect you if you lose the card.  The biggest feature is that your Smartphone must be present for your smart card to connect with via blue tooth.  Tapping the card on a hard surface prompts you to enter a four-digit code into your phone for the card to work.