Earlier quoted context omitted.
I doubt it is to do with productivity. More like supply and demand.
Supply and demand aren't disconnected from productivity.
Can you explain? High demand causes employees to be more productive?
I Dialed a Wrong Number and Stumbled into International Phone Fraud
101–110 of 113 posts
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#102I have a related story. I was in North America, looking for an apartment in Australia. At the time I'd buy phone cards for long distance calls, and they'd always work fine. So, I used the phone card, and tried to call someone about an apartment that looked great. According to the advertisement, it was a woman that owned the apartment and she had an extra bedroom she was renting. I called, and a man answered. It went…
A friend who is in the voip business said that the calling card companies can buy software to manage the billing. In the billing software itself is a tunable to determine how much fraudulent charges to add to each call. For instance, when a call is made, add a certain number of seconds to the call amount at the end of a call. So if you add 5 seconds to a call and are doing 6 second billing, then on average about 84%…
Sounds like a real life variant of redirecting the cents hidden by rounding.
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#103Earlier quoted context omitted.
>If every company that processes cards has to be fraud detecting experts, then they CC system is totally broken. That is 100% the case, at least in the US, for card-not-present (online, phone, etc) transactions. The credit card companies have zero liability for fraud in those cases...the liability is 100% on the merchant seller. In fact, the CC companies collect a non-trivial chargeback fee, so they arguably profit f…
It sounds like you've stumbled upon the next great way for credit card networks to make money! Charge for fraud detection, and if a customer doesn't want fraud detection, then do the chargebacks. I'm kind of surprised they don't do this already (or maybe they do?). It's win-win either way for the credit card network.
To me that sounds like borderline racketeering.
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#104Earlier quoted context omitted.
we lost thousands in a couple weeks due to fraud and had to up our game in detecting fraud and now are overzellous in rejecting cards due to fraud
I cynically wonder if any anti-fraud companies have posted vulnerable sites to carding forums to help make a sale.
Of course they did! Escalating that was an instant win-win-win.
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#105Earlier quoted context omitted.
>Interesting to note that Phreaking is still very much alive and kicking. Any sites you'd suggest?
http://www.oldskoolphreak.com/ https://www.hackcanada.com/homegrown/telecom/index.html https://www.hellboundhackers.org/forum/42-phreaking_0.html http://null-byte.wonderhowto.com/how-to/phreak-basics-016101... http://web.textfiles.com/phreak/phreaking.txt http://www.aboutphone.info/lib/phreak/boxes-2.html http://www.textfiles.com/phreak/BOXES/ That should give you a good head start. . .
>That should give you a good head start. . .
I read all this as a kid... :)
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#106Earlier quoted context omitted.
Supply and demand aren't disconnected from productivity.
Can you explain? High demand causes employees to be more productive?
I'm going to take a wild guess and say the relationship being posited is that people are willing to pay more for more productive workers
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#107Earlier quoted context omitted.
Can you explain? High demand causes employees to be more productive?
I'm going to take a wild guess and say the relationship being posited is that people are willing to pay more for more productive workers
Yes thanks but I'm not seeing any interesting analysis here beyond the one liners. Why are American employees more productive than in the countries. Better education? Work ethic?
I don't think this is right. I think the compensation difference has more to do with investor money, addressable market, culture etc.
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#108Earlier quoted context omitted.
I'm going to take a wild guess and say the relationship being posited is that people are willing to pay more for more productive workers
Yes thanks but I'm not seeing any interesting analysis here beyond the one liners. Why are American employees more productive than in the countries. Better education? Work ethic? I don't think this is right. I think the compensation difference has more to do with investor money, addressable market, culture etc.
If you go back up this thread you'll find the claim that location increases productivity. If we accept that, and if we accept that people are willing to pay more for higher productivity, well, presto, we've explained why US wages should be higher.
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#109Earlier quoted context omitted.
Yes thanks but I'm not seeing any interesting analysis here beyond the one liners. Why are American employees more productive than in the countries. Better education? Work ethic? I don't think this is right. I think the compensation difference has more to do with investor money, addressable market, culture etc.
If you go back up this thread you'll find the claim that location increases productivity. If we accept that, and if we accept that people are willing to pay more for higher productivity, well, presto, we've explained why US wages should be higher.
I don't accept the claim though. Oh nevermind!
Re: I Dialed a Wrong Number and Stumbled into International Phone Fraud
#110Earlier quoted context omitted.
If you go back up this thread you'll find the claim that location increases productivity. If we accept that, and if we accept that people are willing to pay more for higher productivity, well, presto, we've explained why US wages should be higher.
I don't accept the claim though. Oh nevermind!
That's fine, but you seemed confused about how the argument fit together rather than interested in arguing about the claims it's built on.