Credit Card Fraud Fully Explained

Credit Card Fraud

Credit Card you couldn’t imagine anything better than to get air tickets for your next occasion directly in your family room

 It cuts all the cacophonic troubles of reaching also there as everything happens with just a few taps on the keyboard. Nowadays every one of us likes online shopping due to its convenience and easiness. It�s not only the customers who love it but cyber thieves too.

Yes, online shopping, where a credit card is one of the most favorite ways of transaction, is highly susceptible to fraud.  furthermore, These frauds are the results of your Identity theft. Identity theft is where your personal information such as your Social Security Number, Driver�s License, Credit card information, and online bank accounts are stolen without your notice and used for criminal purposes.

According to recent surveys, every 15th credit card user is a fraud victim. The worst part is that day furthermore,  by day the frauds are rapidly increasing. According to Federal Trade Commission (FTC) credit card fraud is on top of all the identity thefts as you are completely ignorant of the fraud.

How does Credit Card Fraud happen?

Credit card fraud can hit you in a number of ways. can be Skimming, where your credit card information furthermore, is manually copied by a fraudulent employee of a pub or a restaurant.
It can be an �Identity theft fraud�, facilitated by the financial documents (ATM transaction slips, bank statements etc) dugout from the garbage.
It can be by a hacker, hacked in furthermore,  to a merchant�s database.
They can use a key logger to steal all the important information you type on your PC.
They can copy the magnetic strip of your card obtrusively, and if they know your PIN number, with that �

cloned� card, they can withdraw money from the ATM.
It can be a mail-not-receipt fraud where your card is lost during the transit from the bank.

Among all the types, Card Not Present (CNP) fraud is most admired by the fraudsters as neither the

customer nor the merchant are present at that time. When the card is not present, it�s hard to determine the genuineness of the transaction as the physical security features

of the card are not visible. If fraudsters gain access to your personal information along with the credit card details,

they can call the bank and also change the billing address to receive goods or services in your name.

Receipts and bills don’t have a CVV code which is a must to transact, so usually, fraudsters get card details from phishing, hacking into merchant’s databases where complete information is stored including CVV 3-digit code (Visa and Master cards), 4 digit code (AMEX cards) or from a key logger installed. The bad news is that you are completely unaware of the fraud until you receive your statement, just to weep over the burnt leaves.

Identify Credit card Fraud

In order to prevent credit card fraud or even identity fraud, check for some signals, which can take you a long way in preventing the scam.

It can be:
Some transactions that appear in your statement but you feel that you never made them
when you receive a telephone call or letter saying you have been approved or denied credit for accounts you know nothing about, or you receive a credit card statement for an account that you never opened
when the credit card details have been shared with an unknown or suspected person
Instances when the documents containing the information of your credit cards have been stolen etc.

Instances like the above will open doors for possible credit card scams. As mentioned earlier, the tragic factor of credit card fraud is that neither the customer nor the merchant would be aware of the fraudulent transactions and you would realize only after the damage is done.

Preventing Internet Credit card Fraud

Luckily, online credit card fraud can be prevented by little care and observation.

Always check your bank statements for any suspicious transactions
Shred the financial documents with care
Do not store your credit card information on the computer
Do not write the PIN number down.
Never delay to report a lost credit card as the repercussions can be highly disastrous.

Close the account that you suspect is being hit by the fraud.
Thoroughly check the authenticity of the firm, the website, or any other transactional company which your money would be flowing through.
Check that the Internet connection you are using is secure. Look for the lock at the bottom or HTTPS (an�s� appended to �HTTP�) in the address field of your browser. These indicate that the connection is a secure one
Never give away your personal information over the phone unless you are sure of the person on the other end.
Take a pause before venturing into any kind of online transaction and decide upon the authenticity of the transaction.

Credit card transactions in other words online shopping are simple, fun, and can be secure if you follow the above precautions.

Sharing and Caring

As you are now aware of the fragility of online transactions, care for your family, friends, kith, and kin by educating them about credit card fraud. Send this informative piece. Online guards would help you in curbing the possible fraud by educating and warning you. endeavor our best to make your shopping a happy, simple, and safe experience.

WE ARE HERE FOR SERIOUS BUSINESS WE DO NOT ENTERTAIN OR RESPOND TO TIME WASTERS. WE HOPE YOU ARE AS SERIOUS AS WE ARE

Contact us for support. We sell fresh tools like CVV & Cards, SSN, Paypal accounts, Dumps with Pin, ATM Skimmers, Email Leads, Smtp, and lots more.
We have other services like Bank transfers to any bank account, we can Cards anytime for you and ship for half the price, Carding iPhone 11 pro, Botnet setup service, and Carding Classes where you will learn everything that will help you make money.

Lists Of Transfers Available for Grabs

You can make a lot of money as your mind can conceive. You don’t necessarily need to 9 am – 5 pm job to have a life. Live Your dreams, buy that house, go on that vacation, buy that dream car, and invest in real estate with these transfers.

Paypal Transfer —————————————Click Here

Cashapp transfer ————————————-Click Here 

Western Union Transfer —————————Click Here

Bank transfer ——————————————Click Here

Venmo transfer —————————————Click Here