Card-Not-Present Fraud: Everything you Need to Know

Card-Not-Present Fraud: Everything you Need to Know
By getcreditcardterminals November 27, 2024

In today’s digital age, where online shopping and electronic transactions have become the norm, the risk of fraud has also increased significantly. One of the most prevalent forms of fraud is card-not-present (CNP) fraud, which occurs when a transaction is made without the physical presence of the cardholder. This type of fraud poses a serious threat to businesses and consumers alike, as it can result in financial losses and damage to reputation.

In today’s digital age, where online shopping and electronic transactions have become the norm, the risk of fraud has also increased significantly. One of the most prevalent forms of fraud is card-not-present (CNP) fraud, which occurs when a transaction is made without the physical presence of the cardholder. This type of fraud poses a serious threat to businesses and consumers alike, as it can result in financial losses and damage to reputation.

In today’s digital age, where online shopping and electronic transactions have become the norm, the risk of fraud has also increased significantly. One of the most prevalent forms of fraud is card-not-present (CNP) fraud, which occurs when a transaction is made without the physical presence of the cardholder. This type of fraud poses a serious threat to businesses and consumers alike, as it can result in financial losses and damage to reputation.