ONLINE PAYMENT FRAUD

Online Payment Fraud

Online Payment Fraud

This e-commerce blog is based on the topic of online payement fraud. In the past, e-commerce companies utilized only bank accounts; users specified amounts of money that were then taken from their accounts and converted to digital money. However, one of the latest trends in digital cash is for users to supply an online-payment service company with a credit card or bank account number from which money can be taken. While digital cash affords consumers more freedom and ease of purchase, e-commerce companies are still concerned about chargebacks, online payment fraud, money laundering, ...