Credit card fraud

Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard is the data security standard created to help financial institutions process card payments securely and reduce card fraud.

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Source: Wikipedia · Image: Wikimedia Commons · Public domain

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Payments, explained — digital wallets, gateways and merchant tech, plus handy everyday calculators.

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