A METHOD AND SYSTEM FOR REDUCING THE RISK OF CREDIT CARD FRAUD

摘要

A method of reducing credit card fraud including the steps of receiving credit card information including a credit card number from a person (14) wishing to make a transaction (28); receiving a telephone call and verifying that the caller is the person (14) who supplied the credit card information (32); receiving authentication information by way of the telephone call (34); and using the authentication information to retrieve a previously authenticated address for the person (38). By this method, a previously authenticated address (38) is obtained for the person (14) making the transaction. This acts as a safeguard against fraudulent transactions because should it transpire that the credit card number provided by the person (14) was not their credit card number, they can subsequently be located using the previously authenticated address (38).