If you are holding a Credit Card or Debit Card then you must be aware of card fraud. In some frauds, you lose your money but some card frauds are a risk to your identity. A thief stole your card and used it to retrieve your personal information.
If you are looking for what is credit or debit card abuse then you are right place. Follow the article for a complete description of card fraud.
What Does Credit Card Abuse Meaning? Credit or Debit Card Abuse Charge
Credit Card Abuse means that someone uses your card unethically to get benefits in a fraudulent way. Nowadays this type of fraud is more common. The person can have your identity with or without needing your physical card.
During the old days card fraud or scam was limited to snatching or stealing cards and using them to withdraw cash or buy expensive items.
But nowadays hackers use the latest equipment and technology to copy your card details into their devices and use them whenever they want without the need for the real card and you will never know why your credit card was charged for such transactions in your statement.
Also, read Why I Got Charged ‘COMENITY PAY OH WEB PYMT ID’
What is Credit Card Abuse in Texas?
Texas Penal Code (TPC) states that any person can face this offense if he/she/they use another person’s card whether family, friend, or relative without consent to get benefits that they are not entitled to.
In another case, if the card owner gives you permission to use their credit or debit card then it will not be charged under card abuse.
What is Credit Card Abuse Texas Penal Code?
In the Texas Penal Code, Credit Card Abuse comes under § 32.31 section.
According to § 32.31 section:
- One must be guilty of using other persons’ cards without permission.
- Using fake cards for getting trials, services, and goods.
- Using stolen cards for purchasing goods.
- Forcing someone to use your card and more.
What is the Punishment for Credit Card Abuse?
Generally, if someone is convicted of Credit Card Abuse, he/she/they are punished with a fine of $10,000 or more. Sentence up to 6 months to 10 years.
Conclusion
If you believe that you are a victim of credit card or debit card abuse, then contact your branch immediately and block your card as soon as possible.
Never put your card details online and stay safe.
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