In the payments industry, fraud is an illegal usage of credit card details without the real cardholder’s knowledge. A stolen credit card/card number is usually the cause of a fraudulent charge. Once a cardholder sees a payment transaction he did not make on his credit card statement, he/she has the right to dispute the charge by contacting his/her bank. The bank or credit card company conducts an investigation and returns the money to the cardholder.
Here you can find additional resources that may help you in the process and tell you more about payment processing.
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