NY Times: E-tailers wary of credit card fraud

Bob Tedeschi writes about how online retailers are dealing with increasing credit card fraud by scaling back international operations.

Mr. Rusick said the company did not accept credit cards on overseas orders because foreign credit card issuers do not have address verification systems. “So we can’t verify that, yes, indeed, the person making the order matches the information the bank has on them,” he said.

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