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 card, credit and/or card:
“Money is a poor man’s credit card.”
—Marshall McLuhan (1911–1980)
““What are the characteristics of today’s world so that one may recognize it by them?” It pays pensions and borrows money: credit and monuments.”
—Franz Grillparzer (1791–1872)
“The Card Catalogue: “See also” leads into the wilderness.”
—Mason Cooley (b. 1927)