Credit cards are safe?

We have heard many stories about credit card fraud. The fraud can be said that the acquisition illegal use of credit card information to a customer for goods or services.

There are various types of fraud include theft of credit card accounts compromised, e-mail scam, or the Web, the resumption of the account, phishing, carding and skimming. Discuss some of the most common scams that have begun to appear with the advent of the Internet.

Mail orScams:

This type of fraud happens online merchants or retailers who sell products or services on the Internet. For online transactions, dealers are able to view the details of the physical map, a situation known to be controlled not NPC or "card present". Details of the holder of the credit card by mail, telephone or through a gateway contacted. There is no way to verify the identity of the customerIn an online transaction, except for the control of the security code or CVV number in the back of the card. Anyone can make an online transaction, if the details of your credit card is present. This information includes the cardholder name, expiry date of the card number, credit card number and CVV. This is the biggest disadvantage of an online transaction, the fraudsters can use to their advantage. Shipping companies can not guaranteethe timely delivery of the elements of the proposed route. But they are not able to verify the identity of the holder.

The acquisition of account:

This is another form of credit card fraud. There are two different types of accounts procedure. In a case of false or forged documents are created and used to open an account on behalf of another person. Sometimes a client's documents are stolen and used an account at another bank in the name of creatingCustomer.

In another type of account recovery, data protection and value for the customer, is collected through the scam. The contacts on a phone bank fraud and as the true owner of the paper, before submitting the card issuing bank. After an order is changing with the bank in position, direction of communication. Use of this change, reports a pass for the crime of theft or loss of paper and ask them for a replacement. The new card is sentChange of address will be used and abused.

However, if you follow all safety procedures by the company credit card, credit cards needed, everything can be relatively safe. Be sure to undergo further training or you can be fooled by credit card.