Originally Posted by
Mike Jacoubowsky
If someone brought one into the store today, I simply wouldn't take it. At least not without first calling my credit card company and getting assurance from them that they view it as a card that's actually in my store, not a facsimile.
If you call your acquirer for that kind of card, you will be instructed to confiscate it and/or call the authorities:
In general, you should recover a card if you have reasonable grounds for believing the card is being used fraudulently or is altered or counterfeit and it can be done safely. The following situations are considered reasonable grounds for recovery:
• Card security features are missing or irregular, or appear to have been tampered with [..]
• The account number on the magnetic stripe does not match the number embossed on the front of the card [..]
Source:
http://USA.Visa.com/download/merchan...-merchants.pdf