The Merchant Processing Guru Fraud Alert: MasterCard Security Alert

The Merchant Processing Guru Fraud Alert: MasterCard Security Alert

MasterCard recently released an alert stating that some merchants have recently received fraudulent “MasterCard Security Alert” e-mail messages. These phishing e-mails ask merchants to conduct payment card test transactions followed by a refund to a different payment card. These e-mails also instruct merchants to send the details of the transactions to an e-mail address not affiliated with MasterCard.

This scam is being perpetrated by criminals in order to gain merchant transaction information so they can attempt to make fraudulent purchases and refunds using stolen payment card information.  If you receive any such unsolicited phone call, e-mail message, text message, or social media request from an individual claiming to be a MasterCard Security representative, do not respond. Instead, report the fraudulent inquiry to MasterCard using the following e-mail address: [email protected]

Russell Harverson has over 9 years experience in the credit card processing industry and has build a reputation for “being there” for all his merchants! The goal of The Merchant Processing Guru is to provide you with the right, cost effective processing solution for your individual business needs, no matter how large, small or different, he has done it all. He is your Guru of Merchant Processing, shedding light on the credit card processing industry. To contact him via email: [email protected]
Or call him at: 1-888-368-GURU (4878)

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