Credit Card Glossary: Terms and Definitions
Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
- Card-not-present fraud
- Card-not-present fraud is the unauthorized use of credit or debit card information to make transactions in settings without face-to-face contact with a sales clerk who can verify card information. This type of fraud can be conducted over Internet, by phone or by mail.