StarMart Iloilo received an official letter from Equitable Card dated August 7, 2002 informing them that their approved T7 transaction dated August 1, 2002 involved a counterfeit card. The sale covered the purchase of 100 pre-paid cellphone cards in the amount of P30,000.00 by one Gilda S. Aldon who used Card No 4921095589589330.
The cashier involved did the routine verification/check on the sameness of signature in both the sales slip and card panel, physical condition, expiry date, bank logo, hologram, etc. The dealer has vouched for the integrity and competence of the cashier, but reports that the cashier may have failed to consider the commonsense question: Why would someone purchase such a big volume of cell cards from StarMart Iloilo which is a retail outlet and not a wholesaler, and therefore does not give a single centavo discount on voluminous purchases.
It is becoming clear that StarMarts may be among the unsuspecting stores targeted by unscrupulous credit-card-using Pinoys because the stores are accredited merchants who take credit-card purchases, and are open to the public 24 hours daily. Although StarMart Iloilo has been paid by Equitable-PCIB for this transaction, it appears that Gilda S. Aldon is not working alone but with a syndicate.
To guard against being duped by credit card scammers, StarMart Iloilo suggests that dealers be aware of the following:
By being more vigilant and practicing team work, dealers can limit charge-backs to their stores. Stay alert because these counterfeit cardholders are well-groomed and are not very suspicious- looking at the onset.
to Table of Contents
Home | Discussion | Newsletters | CPI Says | GOP Says
The Dealer's Forum is the official newsletter of ACDPI. It is published thrice a year.