Card-not-present (CNP)transactions increase the risk and uncertainty of online transactions,which increases transaction fees to offset the increased risks.

Question

Quizplus · Accepted Answer

This statement is true. Card-not-present transactions, such as online purchases, are more vulnerable to fraud and chargebacks, which increases the risk for merchants. To offset this risk, transaction fees may be increased for CNP transactions to help cover potential losses.

Card-Not-Present (CNP)transactions Increase the Risk and Uncertainty of Online Transactions,which