期刊名称：International Journal of Computer Science and Information Technologies
电子版ISSN：0975-9646
出版年度：2015
卷号：6
期号：2
页码：1379-1386
出版社：TechScience Publications
摘要：Technological developments have changed the way we view money. ‘Buy now and pay later, enjoy today and pay when able’ with this in mind the Banks introduced the concept of credit cards. It provides cashless shopping at every shop in all countries. The advancement in the electronic commerce technology, the use of credit cards has increased and it becomes the popular mode of payment for both online and offline purchases. In spite of this enormous popularity the cards are not free of risk. Many FDS are exist but the efficiency of these system are in question only because they detect the fraudulent activity after the suspicious transaction is done. The role of banks and commercial organizations are important to develop an efficient FDS. This paper principally focuses the classification, numerous forms of fraud in the credit card by fraudsters and therefore the direction used to find the fraud in economical manner.
