Credit card fraud is very serious in nature. Due to advance technology though there are so many methods to check this fraud but I think still it persist. It is a bipartite arrangement in between customer and the store. CC company acts as middleman between customer & store. It extends payment to the merchant on behalf of customer but in turn customer remains liable of paying that debt to the card issuing company within limited time frame. The fraudsters get access to the information through lost card. The theft of credit card is regular phenomenon . Many time email asked to provide information about credit card, this act of phishing gives the required information to the thieves in doing cc fraud.



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