New Delhi, Sept. 23 -- With the rapid rise of digital technology and seamless payments in the country, credit card fraud has become a significant threat to both credit card users and issuing financial institutions.

Fraudsters constantly evolve their tactics, tricks, and ways, making it vital for cardholders to quickly adjust and understand how scams work. Beyond financial losses, such fraud can even negatively impact credit scores and hamper overall financial stability.

Credit card fraud occurs when someone gains access to and uses a cardholder's details to carry out unauthorised transactions or withdraw funds without the cardholder's intention or consent. It can range from simple card theft to sophisticated online impersonation or data...