Payment fraud definition

Payment fraud means a fraudulent payment

Payment fraud means a fraudulent payment transaction made by the unauthorized use of a payment card or other electronic means.

Payment fraud means a communication from a Third Party purporting to be from an Employee, customer, vendor or business affiliate that intentionally misleads an Employee and requests the transfer, payment or delivery of Money or Securities.

Examples of Payment fraud in a sentence

• Payment fraud can include: creating bogus customer records and bank accounts so that false payments can be generated.

• Payment fraud prevention relies on two specific KPIs: (mon- etary) it rate and false alarm ratio.

• The following scams fall under transaction fraud:• Payment fraud: When the seller falsely claims the buyer has not paid or refunded the money.

• In addition, 6-weekly meetings with this team are held to discuss Direct Payment fraud cases and risks.

• Payment fraud can be characterized as fraudulent or unauthorized transactions, lost or stolen merchandise, false requests for a refund, return or bounced checks.

• Our policy should create street design options that best match the type of community being developed.

• Payment fraud, spam messages and account hijackings are also potential frauds.

• A pharmacist who is not correctly refunded by the MPA, should be able to prove it in order to be compensated.• Payment fraud detection capability (D6).

• Fraud Payment fraud is any type of false or illegal transaction completed by a cybercriminal.

• In case reimbursement problems are detected, this proof can be used as evidence.• Payment fraud detection capability (D6).

More Definitions of Payment fraud

Payment fraud means: 15