Identification Of Fraudulent Charges

Frauds are so common in E-Commerce business so; a merchant has to pay a lot more attention towards the working of the business.

Any criminal deception intended to result in financial gain is a fraud. Fraudsters do many things to gain profit into their pockets.

Stealing the credit card owner’s information is the first thing they attack. They basically, ask the banks to issue the card again against the information they get it from their side and ask the bank to issue the new card.

Though there are technologies build as per the days are growing faster merchant gets easily effected by the infections of fraud.

CreditFrauds And Their Types:

Having a look at what are types of frauds which happen in credit cards.

Double Offering Of The Receipt:

The moment when the cardholder gets double receipt against the single purchase.

In-house trust breakers:

When a merchant’s employee works with the fraudster to defraud banks.

Assets Takeover:

When a credit cardholder innocently and unwittingly gives personal information (such as a home address, mother’s maiden name, etc.) to a potential fraudster, who contacts the cardholder’s bank, reports a lost card on behalf of the cardholder and obtains a new card in the victim’s name.

CNP (Card Not Present) Fraud:

If someone knows the expiry date and account number of your card, they can commit CNP fraud against you. This can be done through a phone, email or the Internet. It essentially means that somebody uses your card without having physical possession of it.

Chargeback Expertz

Chargeback Expertz a hub where you can find an expert’s team sitting just to educate you and give you a proper guidance about the frauds which a merchant goes through. Jump in the pool of profit. 

Call us at

PHONE: +1 855-465-4723   EMAIL: app@chargebackexpertz.com.