What are the types of Credit Card Fraud in India & how to prevent it?

Credit card fraud in India is a plastic card that reflects the overall line of credit that is issued to you by the respective bank for your usage. It enables the cardholder to buy goods and services based on their total credit limit and pay back the same amount of money within a stipulated period. As online shopping has increased, therefore, excessive use of credit cards is performed by the holder of it. At month end, the owner of the card can either pay the whole amount that he owes to the issuer or a minimum proportion of the bill by the due date. Through the use of credit card fraud in India, you can buy anything and settle it with the lender either through an easy monthly installment or in one shot. ● A credit card is a very flexible source of money. ● Even in abroad, you can use it without worrying much about the local currency, as its usage is spread worldwide. Types of Credit Card Fraud Credit card fraud in India does come with lots of benefits, but it also has certain lim...