ARTICLE
The suspected perpetrator goes in to buy a car and uses a pre-paid credit card. The card does not go through so the dealership then calls the number on the back of the credit card. The dealer then gets a code number from the suspect's co-actor who represents to be a representative of Green Dot Bank located in CA. Once the merchant has the code they enter a 6 digit number manually into their credit card machine terminal. The merchant can use any 4 or 6 digital combination to do an offline transaction. At the close of business the dealership completes a batch entry to link their offline transactions that they have completed on their credit card terminal. Credit card offline transactions are electronically processed through the Automatic Clearing House (ACH), when Green DOT Bank receives the electronic information they charge back the transaction to the dealer’s business account. If you are notified of any of these types of transactions, please let WATDA know.
The suspected perpetrator goes in to buy a car and uses a pre-paid credit card. The card does not go through so the dealership then calls the number on the back of the credit card. The dealer then gets a code number from the suspect's co-actor who represents to be a representative of Green Dot Bank located in CA. Once the merchant has the code they enter a 6 digit number manually into their credit card machine terminal. The merchant can use any 4 or 6 digital combination to do an offline transaction. At the close of business the dealership completes a batch entry to link their offline transactions that they have completed on their credit card terminal. Credit card offline transactions are electronically processed through the Automatic Clearing House (ACH), when Green DOT Bank receives the electronic information they charge back the transaction to the dealer’s business account.
If you are notified of any of these types of transactions, please let WATDA know.