Point of Sale (POS) Terminal Fraud on the Increase!

North Vancouver

2017-11-17 11:55 PST

File # 2017

Over the past several months merchants in North Vancouver have fallen victim to an increasing number of frauds involving their point of sale  (POS)terminals. Losses have ranged from under $20 to over $9000 in a single transaction, resulting in chargebacks to the merchant.

Point of sale terminal & credit card

There are several ways a fraudster can manipulate a POS terminal; however a merchant can provide general deterrence by taking preventative measures and by being attentive during transactions. Merchants are encouraged to visit their payment provider's website for information about protecting their POS along with proper card acceptance tips.

Criminals will often cause a distraction for the merchant at the time of a sale giving them extra time to manipulate the device for fraudulent purposes. With the busy Christmas shopping season upon us police are offering tips to merchants to prevent POS fraud transactions from occurring to them.

Should you be the victim of a POS fraud, contact your local police agency immediately. For more information on how to protect your business point of sale terminals go to BC.RCMP.
 

Released by

Cpl. Richard De Jong

Media Relations
North Vancouver RCMP
nvan.bc.rcmp.ca
147 East 14 St, North Vancouver, BC, V7L-2N4
Office: 604-969-7561
Cell: 604-363-5584
Fax: 604-990-7450

Email: richard.dejong@rcmp-grc.gc.ca

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