
Sign up to save your podcasts
Or


Credit card companies prevent fraud and protect customers through advanced security measures. These include real-time transaction monitoring for unusual activity, two-factor authentication, EMV chip technology for secure in-person payments, and machine-learning algorithms that identify patterns of fraudulent behavior. Additionally, they offer zero-liability policies, encryption of sensitive data, and regular account activity notifications to ensure customer safety and peace of mind.
By Navya BhandariCredit card companies prevent fraud and protect customers through advanced security measures. These include real-time transaction monitoring for unusual activity, two-factor authentication, EMV chip technology for secure in-person payments, and machine-learning algorithms that identify patterns of fraudulent behavior. Additionally, they offer zero-liability policies, encryption of sensitive data, and regular account activity notifications to ensure customer safety and peace of mind.