Card cloning occurs when someone copies the data of the magnetic stripe of your debit or credit card. Below, we analyze card cloning fraud in more detail and identify prevention methods. Contents What is card cloning? How does credit card cloning work? How to prevent card cloning What to do if your credit card has…
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Despite the name, friendly fraud isn’t something that a customer or merchant can easily brush off. This chargeback process can cost significant revenue for sellers and even jail time for customers. In the best-case scenarios, it can guarantee drawn-out customer disputes. Fortunately, this type of chargeback fraud can be prevented with a few precautions. Here’s…
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Online payments have become an everyday occurrence for much of the world. Whether it’s paying bills or just some online shopping, the convenience of paying online instead of in person can’t be denied. However, with the potential threat of hackers and fraudsters getting hold of your credentials, what are the safest ways to pay online?…
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