5 Uses For Security
Tips to Combating Cardholder Frauds
The world has become a global village with businesses being transacted around the globe. The demand on the businesses has been very high especially when it comes to the payment methods being used. It is no longer the generation that used the barter trade as a method of payment or the use of cash because it is hard to transact cash across the world. Electronic payment methods are one of the results of the demand to change the traditional methods of payment. There many companies and individuals who of adapting to the electronic payment method to pay for the items that are purchased from physical or online shops.Examples of electronic payments include the use of credit card, debit card, checks, money transfers, smart cards, mobile payments to name but a few.
One disadvantage of using electronic payment is that it is hard to protect …