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2. Is it safe to give out my card details over the phone? - AOL

   www.aol.com/finance/safe-card-details-over-phone...

   Key takeaways. Credit card payments made over the phone or internet are classified as “card- not-present” (CNP) payments. CNP payments come with more fraud risk for both merchants and consumers.

3. How to handle repeated credit card fraud - AOL

   www.aol.com/finance/handle-repeated-credit-card...

   Payment card fraud losses worldwide reached $33.83 billion in 2023, according to The Nilson Report’s Annual Fraud Statistics issue — up 1.1 percent from 2022. In the next 10 years, card fraud ...

4. Is it safe to give an app my credit card information? - AOL

   www.aol.com/finance/safe-app-credit-card...

   Key takeaways. Apps and digital wallets that accept payments are generally considered safe because they must follow PCI SSC global standards, which account for the safety and security of user data.

5. 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 ...

6. Payment Card Industry Data Security Standard - Wikipedia

   en.wikipedia.org/wiki/Payment_Card_Industry_Data...

   The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit ...

7. Friendly fraud - Wikipedia

   en.wikipedia.org/wiki/Friendly_fraud

   Again, the use of card security codes [8] can show that the cardholder (or, in the case of the three-digit security codes written on the backs of U.S. credit cards, someone with physical possession of the card or at least knowledge of the number and the code) was present, but even the entry of a security code at purchase does not by itself ...