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Technology Stocks : Frank Coluccio Technology Forum - ASAP

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To: Frank A. Coluccio who wrote (872)1/7/2000 2:42:00 PM
From: Jay Lowe  Read Replies (2) of 1782
 
Y2K, eh?

When our accounting people started processing credit card orders via IC verify on Monday, all the card numbers came back invalid. Working through another channel, we've heard that a huge number of double and triple charges are occuring via IC verify and Cybercash.

It appears from the IC Verify website icverify.com that upgrades are required to both the client-side (PC or stand-alone box) and the institution-side payment processing engine. That's a lot of nodes available for screw-up ... in exactly the wrong hands.

Anybody know anything more about this?

Probably a good idea to scrutinize your credit card statements this month. ;-)
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