Description: Fraudulent payment refers to a financial transaction made with the intent to deceive or defraud an entity, whether it be a merchant, a bank, or a consumer. This type of payment may involve the use of stolen information, such as credit card numbers, false identities, or compromised bank accounts. Fraudulent payments are an increasing concern in the realm of e-commerce, where the ease of conducting online transactions can be exploited by criminals to carry out illicit activities. The main characteristics of fraudulent payments include the lack of authorization from the account holder, the use of illegitimate payment methods, and the deliberate intention to cause financial harm. The relevance of this phenomenon lies in its negative impact on both businesses, which face economic losses and damage to their reputation, and consumers, who may suffer from the theft of their personal and financial information. The detection and prevention of fraudulent payments have become a priority for online financial systems and e-commerce platforms, which implement various security measures to protect their users and minimize the risk of fraud.
