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View Full Version : Wont lose money in card fraud if secure codes safe - Economic Times



FraudNews
02-20-2013, 08:44 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE1qlcflWj4Jb3-4haMefJID2LTTwamp;url=http://economictimes.indiatimes.com/personal-finance/credit-cards/news/wont-lose-money-in-card-fraud-if-secure-codes-safe/articleshow/18587764.cmsimg src=//nt1.ggpht.com/news/tbn/_fo57wgByU8F2M/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Economic Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE1qlcflWj4Jb3-4haMefJID2LTTwamp;url=http://economictimes.indiatimes.com/personal-finance/credit-cards/news/wont-lose-money-in-card-fraud-if-secure-codes-safe/articleshow/18587764.cmsbWon#39;t lose money in card bfraud/b if secure code#39;s safe/b/abr /font size=-1bfont color=#6f6f6fEconomic Times/font/b/fontbr /font size=-1In most of the recent cases of credit card bfraud/b, the amount paid would be recovered from banks overseas or from merchants through chargeback programmes of Visa and MasterCard, banks said. quot;If second factor authentication is not used in a transaction, b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dJZ-cd4EBhT29VMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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