With more engaging in credit card theft, there is a list of terms used by fugitives in the industry.
Below is a comprehensive list of the major, most common terms of the carding practice.
Fullz is a term used by credit card criminals to refer to complete and detailed information about the victim.
Information contained in Fullz will consist of name, date of birth, expiration date, address, city, state, country, CVV number, card number, phone number, Social Security Number (SSN), email address, security Q&A, and mother’s maiden name (MMN).
By using the above information, a carder can siphon funds from an individual’s bank account.
They can also can use it for fraud purposes, such as impersonating the victim.
Dumps are the numbers embedded on the magnetic strip located on the back of the card.
Malware programs can copy these numbers to enable a criminal to create a prototype of the card for self-use.
Other information captured in the process include the CVV, card number, and the expiration date.
By duplicating the card, the criminal will have the same privileges as the card holder, and can use the card to purchase items from stores, pay for goods or services, and last but not least, they can use it to withdraw money from an automated teller machine (ATM).
This transpires when the account owner initiates a dispute as a result of a fraudulent transaction, failure to receive goods on time or for low-quality products.
A chargeback occurs not only in banks, but also money transfer platforms such as PayPal.
Chargebacks tend to negate the balance of the account that received the money.
In the event the account has a zero balance, then the account balance will become negative and can ultimately limit or terminate the account under litigations.
All these depend on the terms and conditions applied.
Bank Identification Number (BIN)
Also known as the issuer identification number (IIN), the BIN is the first four to six numbers that are displayed on the credit card.
Using these numbers, one can determine the type of card they are dealing with using several websites that contain the necessary information.
The website will provide comprehensive details on the card, depending on what is available.
The information given is the name of the issuing bank, country, type of card, card level, the phone number of the bank, the website and the ISO country number.
Other BIN checkers will offer the card length after identifying the manufacturer.
Now, based on the BIN, carders can tell which banks offer security to their cards.
It is for this reason that not all cards from banks are useful to the criminals.
Accurate BIN numbers are identified through trial and error, or through references exchanged between colleagues in the industry.
Some resource websites offer the information carders need to determine a particular bank BIN or the origin of a specific IIN number.
The drop is the address used by the carder to receive what they ordered.
For example, if you order an item through a stolen CVV, the drop is where the goods will be received.
The same case applies to the various illegal transactions that involve banks, PayPal, etc.
VBV & Non-VBV
Verified by Visa (VBV) is a program introduced by Visa to ensure that transactions carried out online are done with the consent of the original card holder.
However, the process may be compromised if a hacker has access to the phone, email or knows the security question.
Depending on the card holder and the bank, they can liaise the appropriate VBV method to use.
In some instances, a one-time password (OTP) is used.
And of course, cards that do not have these additional levels of security are known as Non-VBV.
MSC & Non MSC
Just like in the Visa Scenario of VBV, MasterCard has its own which is the MasterCard Secure Code (MSC).
It plays pretty much the same role and operates under the same underlying principles.
This is a recommended mode, as it adds a layer of security to your credit and debit cards.
Depending on the card issuer, it is either Safekey, VBV or MSC.
Address Verification Station
The Address verification system (AVS) is a mode used by the processor to confirm that a card transaction is in fact carried out by the legitimate owner.
It uses the billing address entered in the registration process and compares it to the one registered with the credit/debit card company.
If they are not similar, then the transaction will be declined. It is for this reason that people buy Fullz and register accounts with the said details, to bypass the security detail in this process.
Card Verification Value (CVV)
The CVV is the three-digit code written on the back of the credit/debit card.
However, it is a four-digit code on American Express-issued cards. The CVV number is used to verify that you’re in possession of the card.
Automated Clearing House (ACH)
ACH is a payment system in the United States that involves the electronic transfer of funds within different banks. ACH transfers have a chance for chargeback, but this depends on the conditions under which the transactions were facilitated.
Of course, if the transaction was fraudulent a chargeback will occur, but in most cases the operations are legal.
This is a mode used to transfer funds from bank to bank through a given set of guidelines.
Through this method, one can move funds directly from one account to another without physically taking possession of the funds.
In wire transfers, chargebacks don’t occur because the accounts are verified, along with the source of the funds. In most cases, wire transfers are meant to be made in real-time but due to some rules among banks, delay issues may arise.
Virtual Private Network (VPN) and SOCK5
Virtual private networks are used to disguise the location of a user online. In carding, processors are very sensitive, as they understand the risks associated with cyber crime.
For this reason, carders always use a VPN to connect to the location of the credit/debit card.
For anonymity purposes, MAC changer enables one to hide their MAC addresses of the network through spoofing.
This is the current address of the card holder. Therefore, whenever they change their address, they are to inform the card issuer to change it as well.
The cardholder is the bona fide owner of the credit card or debit card.
This is a kind of software used for cleaning the PC before or after a carding process is initiated.
It deletes the PC’s internet cache, history, cookies, etc.
Jabber & ICQ
These platforms are used by dark web users and carders for communication purposes.
However, the platform is full of rippers and scammers alike, who will often convince people that their cards are live and fresh.
The issuing bank is the financial institution that has collaborated with the card manufacturer to give the final consumer the cards.
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