FraudNews
10-02-2014, 01:08 PM
Payment fraud on the rise in India with E-commerce growth (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH_dsJKjFJEaaRDOcqnNmwqXfG5nw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=UE4tVLGfGpL98AH33oCoCQ&url=http://economictimes.indiatimes.com/industry/banking/finance/payment-fraud-on-the-rise-in-india-with-e-commerce-growth/articleshow/44042009.cms)
Economic Times
"We have lost Rs 4.5 lakh on account of fraud out of which one ecommerce merchant sold a used 'car' worth Rs 1 lakh to himself by his credit card," said Nitin Gupta, CEO of PayU India, one of India's leading payment gateways, which has over 30,000 ...
[/URL]
[url=http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH_dsJKjFJEaaRDOcqnNmwqXfG5nw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=UE4tVLGfGpL98AH33oCoCQ&url=http://economictimes.indiatimes.com/industry/banking/finance/payment-fraud-on-the-rise-in-india-with-e-commerce-growth/articleshow/44042009.cms]More... (http://news.google.co.za/news/more?ncl=dg_qLm8UbyR4E5M&authuser=0&ned=en_za)
Economic Times
"We have lost Rs 4.5 lakh on account of fraud out of which one ecommerce merchant sold a used 'car' worth Rs 1 lakh to himself by his credit card," said Nitin Gupta, CEO of PayU India, one of India's leading payment gateways, which has over 30,000 ...
[/URL]
[url=http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH_dsJKjFJEaaRDOcqnNmwqXfG5nw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=UE4tVLGfGpL98AH33oCoCQ&url=http://economictimes.indiatimes.com/industry/banking/finance/payment-fraud-on-the-rise-in-india-with-e-commerce-growth/articleshow/44042009.cms]More... (http://news.google.co.za/news/more?ncl=dg_qLm8UbyR4E5M&authuser=0&ned=en_za)