A suite of offerings enabling businesses to accept and manage credit card and electronic payments. These include merchant accounts, payment gateways, and point-of-sale systems, facilitating efficient transaction handling and sales processing.
Main/
Merchant Services
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Code
PS0118
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Name
Merchant Services
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Version
1.0
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Category
Payment, Transfer & Remittance Services
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Created
2025-03-14
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Modified
2025-04-02
Related Techniques
• Criminal entities use merchant accounts to record fake sales or inflate transaction volumes, commingling extorted money with legitimate customer payments.
• Payment system data can be manipulated to legitimize suspicious funds, blurring the distinction between coerced and normal income.
- Criminals may establish or collude with merchant accounts to inflate or fabricate sales, then initiate chargebacks.
- They monitor chargeback ratios to remain below higher scrutiny thresholds, ensuring these refunds appear routine while laundering illicit funds.
- Fraudsters impersonate or misuse merchant accounts, processing illicit funds under the guise of normal business sales.
- Legitimate merchants may be unaware their accounts are receiving unauthorized deposits, enabling repeated layering of illicit proceeds among real customer transactions.