Method of processing online payments with fraud analysis and management system

1. A method to detect fraud in electronic payments, comprising:

a. displaying on a buyer's computer a high value item next to commonly purchased low value items where the high value item attracts fraud activity;

b. analyzing by a computer system historical customer purchasing behavior and current purchasing behavior on the high value item for an indication of fraud;

c. indicating a potential fraud if said buyer without a prior history buys the high value item; and

d. authorizing a transaction if the historical customer purchasing behavior matches the current purchasing behavior.

2. The method of claim 1 , comprising collecting payment information and checking the payment information against an address verification system (AVS) to detect fraud.

3. The method of claim 1 , comprising determining fraud based on customer behavioral information.

4. The method of claim 3 , comprising analyzing page browsing behavior including each page viewed and time spent on each page.

5. The method of claim 3 , comprising determining fraud by observing customer reaction to a credit card authorization failure.

6. The method of claim 3 , comprising determining fraud by analyzing customer reaction to one of: a promotion, a give-away, a test credit, a gift.

7. The method of claim 1 , comprising determining fraud by checking if two separate accounts share the same password.

8. The method of claim 7 , wherein the password is a strong password.

9. The method of claim 1 , comprising collecting unique identification for a component of a client computer used to purchase items on line.

10. The method of claim 9 , comprising collecting the unique identification using a client software.

11. The method of claim 1 , comprising determining fraud based on administrative information associated with a customer account.

12. The method of claim 1 , comprising capturing a unique Internet Protocol (IP) address from a client computer and comparing the IP to the IP used to browse the merchant's website to detect fraud.

13. The method of claim 1 , comprising detecting fraud by checking IP address nationality.

14. The method of claim 1 , comprising

a. collecting payment information and checking the payment information against an address verification system (AVS) to detect fraud;

b. determining fraud based on customer behavioral information;

c. determining fraud by checking if two separate accounts share the same password;

d. collecting unique identification for a component of a client computer used to purchase items on line;

e. determining fraud based on administrative information associated with a customer account; and

f. capturing a unique Internet Protocol (IP) address from a client computer and using the unique IP address to detect fraud.

15. The method of claim 1 , comprising detecting fraud by comparing geographic information contained in a client computer's internet protocol address and a credit card holder's address.

16. The method of claim 1 , comprising detecting fraud by capturing and comparing browser information of a client computer, including browser name, version, cookie, plug-in components, client time.

17. The method of claim 1 , comprising:

a. detecting fraud by capturing and comparing a client computer's time zone setting with a time zone where the client computer's IP address;

b. detecting fraud by capturing and comparing the client computer's time zone setting with a time zone of a browser's IP address; and

c. detecting fraud by capturing and comparing the client computer's language setting.

18. The method of claim 1 , comprising detecting fraud by comparing a client computer identity against a blacklisted identification of computers associated with fraud.

19. The method of claim 18 , comprising detecting fraud by comparing a cookie on the client computer with a list of blacklisted browser cookies.