Select Page

Keeping you informed about the latest scamming trick to keep you protected! Recently, a scam has been popping up around small businesses in Chicago, have you heard about it?

A women enters the store, schmoozes with the staff while picking out thousands of dollars in merchandise. At checkout, the woman requests to enter a code into the payment terminal, then swipes her card.

The cashier thinks they’ve made a great sale, but actually the code that the women had entered into the terminal has turned the terminal offline, letting the women get away with thousands of dollars of merchandise without paying.

Professional scammers and swindlers are all around us looking for ways to fraudulently run credit cards, and get away with it and your merchandise. Although, many of these hackers are difficult to spot in real life there are a few tips to keeping you and your business safe:

  1. Keep an eye out! Hackers may be hard to spot, but you can certainly keep an eye out for suspicious behavior. Things like asking to enter a code into the payment terminal before processing, or asking to enter in their card number instead of swiping or inserting the chip are not normal and should be dealt with with caution.

  2. Shred your business & personal information. Protecting your identity and your businesses assets is key! Keep confidential or personal information in a safe and secure place or make sure it is properly shredded to prevent hackers from stealing it.

  3. Ask Questions. If you notice anything suspicious, question the customer or contact your processing allies at Arrow Payments. Don’t wait! Reach out to us right away with any security concerns, PCI compliance questions or to discuss secure payment processing solutions.

Read more about the Chicago credit card scam here.

Thought Leadership

Recent Insights

Check out the latest trends and reports from Arrow Payments.

The Evolution of Higher Education Cyber Attacks

The Evolution of Higher Education Cyber Attacks

Higher education faces unique challenges when it comes to cybersecurity. Data breaches and ransomware attacks continue to plague colleges and universities, though most have taken steps to combat these threats. Even so, a recent report by cybersecurity company...

Guarding Against Payments Fraud

Guarding Against Payments Fraud

Payments fraud is a serious and ongoing challenge for treasury practitioners, requiring an increasing amount of vigilance and foresight. According to the 2023 AFP Payments Fraud and Control Survey, 65% of organizations reported being victims of payments fraud in 2022,...

Cultivating Emotional Intelligence in Leadership

Cultivating Emotional Intelligence in Leadership

We’ve discussed how emotional intelligence (EQ) makes you better at business. We’ve even talked about how EQ and payments are tied together. This article explores why EQ is crucial for leaders to possess. Yes, technical skills and a strategic mindset are valuable...

Gain Visibility into Your Higher Education Payment Systems

Find out what’s happening in every department and start building solutions that address fundamental needs.

Start My Discovery