Thayos wrote:
Verified by SE Wrote wrote:
In addition to our other ways of preventing, detecting, and resolving fraud, we offer Verified by Visa, a free, simple-to-use service that confirms your identity with an extra password when you make an online transaction.
Perhaps someone with more knowledge of this program can help me out.
It looks like this program will prevent someone from stealing my credit card info and using it to buy gil or set up a new FF account.
Is that it? Because last time I checked, that was never really a problem.
Edited, Jul 28th 2009 10:09pm by Thayos The entire idea behind this new "Policy" is to eliminate cheap prepaid cards bought from store shelves, something that RMT use en-masse to fund their operations. From what I have learned over the years spent on my anti-RMT rampages, is that there is someone in the US that buys these cards in bulk, then sends the information offsite so that accounts can be made anywhere in the world. (Read: China)
As this new program only allows authorized credit merchants (%100 of which require proof of your identity to get their cards) and no longer prepaid card companies, it eliminates the ability to walk in and basically purchase 1000 RMT accounts without any identification what so ever.
SE is using your bank to prove who you are, as they do not have the resources or capability (Read: Time or Money) to do so themselves.
This will absolutely cripple RMT. Which is something I have never ever said in the years and years of me ******** about it.
Just think about it, you have all of these elements in play:
1.) Having multiple accounts used by the same credit card = teh ban (We have recently learned this to be true).
2.) Only support credit cards where the billing address now actually corresponds with what you put in that field (Required for the bank to authorize transaction of a credit card).
3.) Only supporting Credit Cards where your bank has gone through the trouble to prove that you actually exist and live within the United States (I did not research if the same policy exists for Europe or Asia).
4.) Cross check IPs of with an account and their usage/location/access. (This also has been said to be a reason for a ban. We know this too!)
You have all the ingredients needed to limit payment only to those that actually live in the United States. To top it alllllllllllll off, they mask it behind the premise that it is a "Security Improvement". ********* they are just axing bulk buys of wallmark prepaid cards to **** over RMT.
