What is the principal reason why point-of-sale credit card fraud has declined rapidly?
A) More people are going online to purchase major items.
B) Credit cards now have embedded chips in them.
C) Police are apprehending more identity thieves.
D) States increased prison terms for those convicted of identity theft.
E) All of the above factors have contributed to the decline in point-of-sale credit card fraud.

Question

Quizplus · Accepted Answer

Credit cards now have embedded chips in them, which provide greater security against point-of-sale credit card fraud by creating a unique transaction code for each purchase. This has led to a significant decrease in the amount of fraud occurring at physical retail locations.

What Is the Principal Reason Why Point-Of-Sale Credit Card Fraud