Can I read Fraud Risks in New Retail Payment Methods on EtoBox?
Fraud Risks in New Retail Payment Methods by Flaviub23 is a document available to read on EtoBox.
What is Fraud Risks in New Retail Payment Methods about?
The document discusses the impact of fraud on new methods of retail payment such as electronic cash and stored-value cards. It notes that while fraud is a risk for all payment systems, certain features make some more susceptible than others. Systems with large face value claims, no ability to verify claims, anonymity, and point-of-sale transactions without verification present greater fraud incentives. Optimal fraud levels are small but non-zero to balance costs and benefits. New electronic payment systems
- Author
- Flaviub23
- Language
- EN