Software-as-a-Service (SaaS) is a cloud-based software delivery system that enables online users to take advantage of a specific type of service remotely.
Credit card fraud is an umbrella term that indicates a credit card has been used in an unauthorized fashion.
Address Verification Service (AVS) is a means of security that checks to see if the billing address of a credit card used in a transaction is the same as the one provided by the credit card holder at the time of purchase.
A card not present transaction is a payment identification method wherein the physical card - usually a credit or debit card - was not present at the time of purchase.
A card present transaction (CP) is a payment identification method that indicates whether a tangible credit card was used at the time of purchase.
A debit card is a form of payment that allows individuals to draw money from a bank account to pay for goods and services.