Credit card fraud is a kind of fraud where a merchant (business, service provider, seller, etc.) is "tricked" into releasing merchandise or rendering services, believing that a credit card account will provide payment for goods/services. The merchant later learns that they will not be paid, or the payment they received will be reclaimed by the card's issuing bank.
Typically, the fraudster causes a credit card of another person to be charged for a purchase.
Credit card fraud exposed - Never give credit card details over the phone - not to call centre staff. Last time I ever give my details on the phone. They will lie to get your info.
Showing posts with label tricked. Show all posts
Showing posts with label tricked. Show all posts
Monday, July 16, 2007
Debit Card and Credit Card Fraud!
Labels:
atm,
bank,
cash,
credit card,
debit card,
fraud,
merchant,
skimming,
stolen,
tricked
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