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
There are an infinite number of prime numbers.

Question 1 What are the common traditional channels of communication? Describe the problems that can arise in such forms of communication Question 2 Explain the Unilinear Mod


The digestive system is a series of hollow organs joined in a long, twisting tube from the mouth to the anus. Inside this tube is a lining called the mucosa. In the mouth, stomach,

Ask que5. Do you think Isaiah’s advice to Ahaz in the Syro-ephraimitic crisis was sound? Explainstion #Minimum 100 words accepted#

Rhetorical Criticism: It is the analysis of a wide range of items associated to using language to have an effect on an audience. It is frequently but not always applied to writing

identify and describe fuor trends that influence on the selected industry?

Question: (a) A presentation might fascinate, bore or irritate the audience. Explain the important criteria you would analyse for a successful presentation. (b) Describe

Temporal receptive windows and executive functions Being able to integrate information over time is crucial for perception of life events as they typically unfold over longer time

Is there anyone at Expertsmind Who Can Write My Economics Term Paper with best quality answers?