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2. Controlled payment number - Wikipedia

   en.wikipedia.org/wiki/Controlled_payment_number

   January 2009, MasterCard and Cyota Inc. acquired the controlled payment number system developed by Orbiscom, a Dublin-based payment processing company. [2] In the United States, the system is used by the following credit card issuers: Bank of America "ShopSafe" (inherited when it acquired MBNA) (and now discontinued-see below) [3] and Citibank "Virtual Account Numbers". [4]

3. 70% of Millennials Use PayPal for Money Transactions - AOL

   www.aol.com/70-millennials-paypal-money...

   The ability to request or send money with just an email address or phone number has made PayPal a favored choice for splitting expenses among friends. ... 70% of Millennials Use PayPal for Money ...

4. Travel Hacks: How to Rent a Car Without a Credit Card - AOL

   www.aol.com/rent-car-without-credit-card...

   When you travel, use your PayPal debit card to cover your rental car deposit. Here’s how: 1. Deposit $1 Into Your PayPal Account. A few days before you travel, deposit a small amount into your ...

5. Credit card fraud - Wikipedia

   en.wikipedia.org/wiki/Credit_card_fraud

   A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal.

6. Mobile payment - Wikipedia

   en.wikipedia.org/wiki/Mobile_payment

   A person's account is tied to his or her phone number and the connection between the phone number and the actual bank account number is registered in the internet bank. The electronic identification system mobile BankID, issued by several Swedish banks, is used to verify the payment. Users with a simple phone or without the app can still ...

7. How PayPal Can Take Your Money In A Legal Way - AOL

   www.aol.com/paypal-money-legal-way-022400114.html

   Paypal's user agreement is more than 80 pages long, and it contains an expansive set of rules about when the company can terminate someone's account or freeze their assets.

8. Card-not-present transaction - Wikipedia

   en.wikipedia.org/wiki/Card-not-present_transaction

   Card-not-present transactions are a major route for credit card fraud, because it is difficult for a merchant to verify that the actual cardholder is indeed authorizing a purchase. If a fraudulent CNP transaction is reported, the acquiring bank hosting the merchant account that received the money from the fraudulent transaction must make ...

9. Peer-to-peer transaction - Wikipedia

   en.wikipedia.org/wiki/Peer-to-peer_transaction

   Buyers needed the service because they did not want to divulge credit card information to random sellers. Sellers needed the service because many consumers did not have the means to open up a credit card Merchant account to accept online payments. Peer-to-peer payments were now in full effect in the online marketplace. [4]