Do you know about the fruad happens with online transactions?

Question

Accepted Answer

Yes, I am aware of the fraud that occurs with online transactions.

Online transaction fraud refers to any fraudulent activity that takes place during an online transaction.
Common types of online transaction fraud include identity theft, phishing scams, and credit card fraud.
Fraudsters may use stolen credit card information to make unauthorized purchases online.
Phishing scams involve tricking individuals into revealing their personal or financial information through fake websites or emails.
Identity theft occurs when someone steals another person's personal information to make fraudulent transactions.
Online transaction fraud can result in financial loss, compromised personal information, and damage to a person's credit score.
To prevent online transaction fraud, it is important to use secure websites, protect personal information, and regularly monitor financial accounts for any suspicious activity.

Accepted Answer

Phishing, Identity theft, Friendly fraud, Chargeback fraud and Refund fraud.

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