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Credit card fraud

A credit card terminal is an electronic device that can process debit and credit card purchases for merchants. There are various types of credit card ...

Definition of "Credit card fraud"

Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Credit card fraud is also an adjunct to identity theft. According to the United States Federal Trade Commission, while identity theft had been holding steady for the last few years, it saw a 21 percent increase in 2008. However, credit card fraud, that crime which most people associate with ID theft, decreased as a percentage of all ID theft complaints for the sixth year in a row.[1]

Credit card fraud London

Credit card fraud Manchester

Credit card fraud Birmingham

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