Computer Crime and Credit Card Fraud

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5 Questions

What is the primary reason for the increase in computer crime according to the passage?

The ease with which transactions now take place

Which type of card is used as an alternative to cheques?

Debit card

What is the purpose of cash cards mentioned in the passage?

To obtain cash from a cash dispenser

How is credit obtained using credit cards according to the passage?

By obtaining instant credit against goods or for cash

What happens if the card signature and the signature on the docket are the same, according to the passage?

The retailer sends the docket to the credit card company for recording and payment

Learn about the impact of computer systems on the increase of computer crime, the shift from cash transactions to electronic payments, and the rise of credit card fraud. Understand the challenges and risks associated with these developments.

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