Credit Card Mail Order Fraud Australia
Using a stolen credit card number, or computer generated card number, a thief will order stolen goods. This type of fraud is now known as "Card Not Present" (CNP) referring to card transactions that are requested by mail, telephone or over the Internet when the cardholder is not present at the point of sale. VISA points out that CNP merchants must take extra precaution against fraud exposure and associated losses. Anonymous scam artists bet on the fact that many fraud prevention features do not apply in this environment. 3-D Secure� is an authentification protocol developed by Visa and MasterCard to protect online card payments, in which the card owner has to register with the issuing bank.
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