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News & Updates

The Latest on Internet Pharmacies, Supplements, Designer Drugs,
and Other High-Risk Merchants

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CBD Demand is Causing a Rise in Transaction Laundering

One of the most pervasive threats to payment service providers is transaction laundering — which is often used to process credit card transactions for illicit pharmaceuticals or intellectual property infringement, but increasingly is used for cannabidiol (CBD) products. Since the change in legal status of certain forms of CBD as a result of the 2018…

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Drop-shipping Clusters Pose an Elevated Fraud Risk

If you’ve read our Drop-shipping FAQ Guide, you know that drop-shipping merchants pose an elevated risk because of increased chargebacks and the potential for transaction laundering. But are you aware of drop-shipping clusters and the increased likelihood they are engaged in fraud? Learn about this danger that may be in your portfolio, hiding in plain…

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The Top High-risk Payments Trends for 2019

The constantly changing landscape of online payments can be difficult for payment facilitators to keep up with. This year, technological advancements, criminal innovation, and shifting consumer interests shifted the types of problematic merchants most likely to pop up in portfolios. LegitScript tracked the data this year to identify which merchants may cause payment facilitators the…

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Illicit IPTV: The Streaming Content May Be Cheap, but the Fines Are Expensive

Would you like instant access to thousands of movies, premium TV channels, and pay-per-view content for a low monthly subscription fee, or even for free? These are two examples of the promises that providers of Internet Protocol Television (IPTV) make to consumers to entice them to purchase their products. However, merchants who offer unauthorized IPTV…

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Transaction Laundering: How LegitScript Helps Payment Providers Beat It

It is an age-old rule: criminals, in order to survive, try to stay one step ahead of the good guys. Despite rules put in place by companies like Visa and MasterCard that disallow criminals from getting merchant accounts, some illicit drug and other merchants still get paid via Visa, MasterCard, PayPal, and other popular payment…

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