Credit card hijacking is a form of credit card fraud and the term is used when a person’s credit card is used by some unauthorized person (e.g. a thief or overaggressive vendor) to buy goods or services. The credit card owner usually has trouble reasserting control over the card, because usually they don't find out immediately, and the owner must distinguish legitimate purchases from illegitimate in a credible manner.
Read more about Credit Card Hijacking: Identity Theft, Cancellation Barrier, Negative Option Billing, Billing For Membership Rather Than Services
Famous quotes containing the words credit and/or card:
“If you want to be on good terms with everyone in this world, sell goods on credit and never ask for payment.”
—Chinese proverb.
“What is the disease which manifests itself in an inability to leave a party—any party at all—until it is all over and the lights are being put out?... I suppose that part of this mania for staying is due to a fear that, if I go, something good will happen and I’ll miss it. Somebody might do card tricks, or shoot somebody else.”
—Robert Benchley (1889–1945)