Fraudulent use of payment instruments

The fraudulent use of a payment instrument is an offense committed using a payment instrument such as a payment card , check , transfer , or other payment services . It is frequently accompanied by identity theft .

Types of Fraudulent Uses

Physical flight of instruments

Theft, like the loss, is the first stage of the fraudulent use of payment cards.

Diverting data


Intrusion into the databases


Counterfeiting of payment instruments requires the latter to have a physical body or medium (such as payment cards). A technique known as skimming consists of reproducing the payment card and in particular the magnetic strip.

Anti-fraud measures

Security mechanisms:

  • EMV
  • 3-D Secure

See also

  • Payment card
  • Identity theft
  • phishing

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