In the demo above you will act as a
customer making an online purchase using a credit card (in this case please use
an imaginary credit card number!). In addition to providing the credit card
number you will also be asked to provide a phone number (please use your real
phone number), which PhoneConfirm will call. When you answer your phone you
will hear an automated voice state a PIN number which you will then enter into
the website. By doing so your are confirming you are the person making the
transaction, have provided a verifiable phone number, and have received and
verified the call.
Verifying a billing phone number makes
this transaction more secure in several ways, as a person committing a fraud
must not only have possession of a stolen credit card but also MUST be in
possession of the phone (or be located where the phone line is located)
associated with the card. Your customers will be comforted that your online
store verifies purchases with this additional level of verification.
Also, PhoneConfirm discourages criminal rings of fraudsters (for
example, the named customer is from Green Bay, Wisconsin, the credit card is
good, but the phone number provided does not match the customer record -- it is
from Nigeria), and repeat fraudsters (the customer name and credit card are
good, but the phone number supplied by customer is "FLAGGED" as
associated with a previous fraudulent purchase).