card not present


card not present
card not present UK US (also card-not-present) adjective (ABBREVIATION CNP)
COMMERCE, BANKING used to show that a credit card has been charged but not seen by the person or business to be paid: »

Internet transactions are card not present and are especially risky to the e-tailers, who bear the cost of a CNP fraud.

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a card-not-present transaction


Financial and business terms. 2012.

Look at other dictionaries:

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