Card not present fraud Quiz

1. What is card-not-present fraud?

A. Unauthorized use of a card in a face-to-face setting B. Unauthorized use of a card number, security code, and/or cardholder’s address in a non-face-to-face setting C. Use of a card with the cardholder present

2. Which of the following is an example of card-not-present fraud?

A. Making online purchases with stolen card information B. Using a card at an ATM C. Swiping a card at a store

3. What is a recommended method to prevent card-not-present fraud?

A. Allowing unlimited purchases on a single card B. Setting a velocity limit on purchases C. Ignoring suspicious activity

4. What is the purpose of delivery confirmation for big-ticket items?

A. To annoy customers B. To prevent friendly fraud by confirming delivery C. To increase shipping costs

5. What is PCI-DSS compliance?

A. A framework for safeguarding cardholder information B. A type of card-not-present fraud C. A method for increasing sales