BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An electronic credit authorizer checks for fraud
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -In the event that your credit card is stolen in the United States, federal law limits the liability of cardholders to $50, regardless of the amount charged on the card by the unauthorized user.
Detailed explanation-2: -Credit card fraud detection is the process of identifying purchase attempts that are fraudulent and rejecting them rather than processing the order. There are a variety of tools and techniques available for detecting fraud, with most merchants employing a combination of several of them.
There is 1 question to complete.