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Credit card fraud
by Pradeep Patel on Feb 01, 2007 05:08 PM

Credit card fraud can be controlled by two ways:

Ask the credit card issuing bank to SMS any transaction done by credit card. This way one can come to know if any transaaction has happened without credit card holder's knowledge.

CVV number should not be mentioned on the card. Like ATM Pin number the card holder van memorise it and only he can use it during On line transaction. The bankers must make all On line transaction more secured.

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