Glossary

M-commerce Fraud

M-commerce fraud refers to fraudulent activities specifically targeting mobile commerce, which includes transactions conducted through mobile apps and websites. As the use of mobile devices for online shopping continues to grow, the incidence of fraud in this area is becoming an increasingly significant issue for merchants. The methods employed in m-commerce fraud mirror those in traditional e-commerce fraud, involving tactics such as identity theft, unauthorized access to payment information, and the exploitation of mobile payment systems.

As m-commerce continues to expand, the importance of adapting and enhancing fraud prevention strategies to address the unique aspects of mobile transactions becomes crucial. Merchants must invest in advanced security technologies and consumer education to safeguard their operations and protect their customers from fraud.

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