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New Report Shows the Dangers of Using Credit Cards for IPTV
A recent study from the DCA shows the dangers that could come with using credit cards to pay for Unverified IPTV Services.
The DCA or Digital Citizens Alliance is a consumer-focused group that works to help the public learn and understand the dangers of the internet and how to use it safely.
Their latest report details the risks associated with using Credit Cards to purchase various IPTV Services including unauthorized charges.
In the study, the company purchased 20 different subscriptions via Credit Card to IPTV Services for a span of 3 months.
The complete list of services is shown below.
After just 11 days, some suspicious charges started to appear on the credit card statement.
The first ones came from a company listed as GB Pay affectioni which claims to be a women’s apparel store in Qingdao City, China.
The next day, a cash advance of $14.99 with a $3 fee was made by Wollito which is a cryptocurrency platform based in Vilnius, Lithuania.
These transactions continued for the 3-month span with much higher purchases attempting to be made as well.
After two months, an attempt of $899 and $150 was flagged by the Credit Card Company and halted after asking for approval.
Towards the end of the experiment, a payment of $244.78 was processed by Pazzion which is an apparel website featuring shoes, handbags, and more.
In total, $1,495 in unauthorized charges were attempted on the credit card over the three-month span.
Unfortunately, the DCA had no way of determining which service or services were the source of the fraudulent activity.
The report went on to comment on a recent survey regarding consumers and pirated content.
Roughly 1 in 3 Americans reported having watched pirated content at least once over the past year. Some relied on pirated content after canceling other legitimate streaming options or cable or satellite services. About 1 in 10 who reported watching pirated content said they had purchased a subscription using a credit card to do so…
Seventy-two percent of Americans who said they used a credit card to purchase a piracy subscription service also reported having an issue with credit card fraud over the last year.
With almost 3/4 of the people who used a credit card to pay for a “pirate subscription” noticing fraudulent charges, it is important to make sure you are safe with your purchases.
TROYPOINT always recommends using an anonymous form of payment for IPTV Services such as Abine Blur or Bitcoin:
We also suggest using a VPN with any unverified service as this study shows just how shady some of these options can be.
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Because the developer is unknown, using a VPN is the best way to encrypt your connection so you are completely anonymous and secure.
For the full report from the DCA, use the link located below.
DCA Report on Credit Card Payment for IPTV Services
We want to know what you think of the latest report from the DCA. Let us know your thoughts in the comment section below!
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Capital One cards allow virtual cards that work pretty well with only the site you want and can be turned on and off easily.
Now that governments all over the world, including the U.S., are entering, or thinking about it, into the digital currency areas, is this really a safe method of payment? Who can we really trust? The Digital Citizen
s Alliance? A D.C.-based, supposedly, non-profit that lists among their supporters, health and pharmaceutical industries. And we know from the vaccine scam how trustworthy they are!?! They also list support from “creative” industries. Would this, by any chance, include the entertainment factions that are continuously suing, and shutting down, IPTV providers? Is DCA attempting to steer the public into digital currency? To what end?</span>m aware, all their content is legal, which I will continue to believe until it is proven otherwise. Of course, a VPN is always being used.<span style="color: black;">DCA allowed the fraudulent charges to continue, even after they were being “evaluated” by the fraudsters with a few low charges. A normal card user would call their CC company immediately to halt charges or get a new card, etc., before it got out of control.</span>
<span style="color: black;">Subscribing to 20 “services” is bound to uncover a few rotten apples in the barrel, most of which I have never even heard of before. If you are not keeping a close eye on your statements, then there is no one else to blame but yourselves.</span>
<span style="color: black;">I have been using one on the list for a few years with a credit card, and never had a problem. As far as I
Don`t think that criminals are not working on schemes to invade the cryptocurrency world. At least credit card companies will support their customers in cases of fraudulent charges.
The main takeaway from this is to be vigilant and continue to monitor your accounts.
You would never have these problems paying with some form of cryptocurrency such as Bitcoin, Litecoin, or the Monero. I recommend using the Monero coin when possible since it is truly anonymous and untraceable on the blockchain.
Question? Would a store bought visa with a preloaded amount work well for payment method also? They are what I consider a burner credit card.
yes…you can purchase services that way. personally…i pay with Bitcoin as BOTH my “service” and real debrid take Bitcoin payments.
Be careful with prepaid credit cards you buy in the store. Read the fine print. Many will tell you they are only good in the country in which they are purchased. Many of the IPTV services are in different countries.
Thx, the boundary part had not occurred to me.