Security related to credit cards, Other Subject

Security

Credit card safety relies on the physical safety of the plastic card in addition to the privacy of the credit card number. Consequently, whenever a person other than the card holder has access to the card or its number, security is potentially compromised. Merchants often accept credit card numbers with no extra confirmation for mail order purchases. They though record the delivery address as a security calculates to reduce fake purchases. Various merchants will admit a credit card number for in-store purchases, upon which access to the number permit simple fraud, but many need the card itself to be there, and need a signature. Thus, a stolen card can be cancelled, and if this is complete rapidly no fraud can take place in this way used for internet purchases, there is occasionally the same level of security as for mail order (number only) therefore involve only that the cheater take care about collecting the goods, but frequently there are additional measures.  The major one is to need a security PIN with the card, which need that the thief has access to the card, as well as the PIN.

A supplementary characteristic to secure the credit card transaction and ban the use of a misplaced credit card is the MobiClear resolution. Every transaction is valid through a call to the user cellular phone. The transaction is free once the deal has been definite by the cardholder approaching his/her pincode during the call.

The PCI DSS is the security standard issued by The PCI SSC (Payment Card Industry Security Standards Council). This data security standard is used by acquiring banks to impose cardholder data security measures ahead their merchants.

Posted Date: 10/13/2012 1:26:48 AM | Location : United States







Related Discussions:- Security related to credit cards, Assignment Help, Ask Question on Security related to credit cards, Get Answer, Expert's Help, Security related to credit cards Discussions

Write discussion on Security related to credit cards
Your posts are moderated
Related Questions
Cognitive Behavioural Therapy, usually shortened as CBT, is a very practical treatment in which therapist and client work together collaboratively. It centres on the understanding

World Regional Geography- Regional geography is a term of geography that studies the world's regions. An area itself is explained as an element of the Earth's surface along with on

What is B2C e-commerce? Business-to-consumer (B2C) e-commerce or commerce between companies and consumers, includes customers gathering information, information goods (or goods

complete a home work questionnaire for parents

how do i turn this into a positive sentence? "our safety policy forbids us from renting power equipment to anyone who cannot demonstrate proficiency in its use."

What is Gender Equality? Gender equality means that women and men have equal conditions for realizing their full human rights and for contributing to, and benefiting from, eco

We will investigate trends in the temperature and CO 2 data sets. Clearly the CO 2 data shows a long-term trend, although a seasonal variation can also be seen. The long-term tre

Question: (a) Show the importance of mental preparation for those elderly facing their retirement. (b) Which aspects of the preparation would you consider as crucial for a b

There are an infinite number of prime numbers.

Question: Occupational Safety and Health (OSH), including compliance with the Occupational Safety & Health Act 2005, are the responsibility and duty of the employer. The emplo