Payment Card Fraud
/ˈpeɪmənt kɑrd frɔd/
Definitions
- (n.) The unlawful acquisition or use of another person's payment card information to fraudulently obtain funds or goods.
The investigation revealed widespread payment card fraud involving cloned credit cards.
Forms
- payment card fraud
- payment card frauds
Related terms
See also
Commentary
Often addressed under financial and cybercrime laws, accurate definition should distinguish payment card fraud from broader fraud offenses.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.