A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term Definition
Online Payment Fraud

Online payment fraud occurs when a fraudster uses stolen payment credentials to make one or more fraudulent online purchases. Common methods of online payment fraud include credit card fraud, account takeover, and triangulation fraud, among others. These fraudulent purchases almost always result in chargebacks, which e-commerce merchants are held liable for. Read more >>>