Spinzo’s Cheat Tracking Technology Puts Sports Clubs at Ease, and Keeps Cheaters at Bay.

SAINT JOHN, NB, September 20, 2024 /PRNewswire/ – Spinzo, a leading provider of ticketing solutions for sports clubs, venues and events, continues its leadership role in ticketing. fraud restriction. This technology is trusted by the world’s leading sports clubs and venues, preventing fraud and legitimate customers, resulting in a stable market.

Special Types of Credit Cards Fraud

Spinzo is very focused on blocking the new type of credit card fraudin which fraudsters obtain a digital bank account and issue multiple credit cards under fake names. The purpose of this project is to avoid the ticket limits and collect the list of ticket sales. Advanced malicious actors will use VPNs and advanced cookie-cutter technologies to bypass most systems.

Spinzo addresses this by analyzing purchasing patterns and integrating transactions with the credit card issuer. When digital debit cards are used frequently, they are seen as a potential fraudster. Spinzo’s latest technology can capture all the cards used by the bad actor, in addition to other identifying information. Spinzo also contacts digital banks directly to report these frauds and automatically block digital card types fraud to spread.

Cottage industry vendors

Some people buy and sell tickets as a main event or side hustle, but they can sometimes be described as “fraud“in cases where they break the rules of impersonation while ignoring the rules and conditions of ticket sales. Spinzo has captured the names of many sellers who often use multiple names to buy tickets. North America with the intention of selling at a higher price.

Spinzo’s latest technology compares various aspects of merchant behavior, including the use of the same credit card for tickets to many different sports teams on the same day. Once found, Spinzo continues to allow the seller to browse and try to make a purchase, while gathering additional information about the seller and their payment methods.

When you block sellers, Spinzo passes your email address and phone number. It uses some sorting and matching methods to eliminate this behavior.

Stolen Cards

Spinzo handles stolen cards with ease, thanks to its heavy use of 3D Secure technology, which requires cardholders to be present with the device they would normally use. In its absence, two-factor authentication is used, operated by the issuing bank. Interestingly, some credit card fraudsters avoid these processes, which is why Spinzo chooses to perform address verification in suspicious cases.

$0 Invoiced for Payments

Spinzo does not issue invoices to sports clubs or venues for charges, whether they are marked as “fraudulent”, “product not received”, or “unacceptable product”. This puts Spinzo in a new league when it comes to the sanctity of the ticket fund.

Spinzo is always committed to driving innovation in the ticketing industry, especially in the area of fraud restriction.

About Spinzo
Spinzo provides reliable ticketing solutions trusted by the world’s leading sports teams, venues and events. The marketing platform powers group tickets, theme nights, community engagements, ticket distribution, fundraisers and flexible projects. Trusted by sales, marketing and operations departments in the live events industry. Spinzo also provides growth strategy consulting, assists with fundraising activities, and manages the popular Ticket Playbook community through learning sessions. For more information, visit spinzo.com.

Source of Spinzo Corporation