Search: CNP

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RBA Glossary definition for CNP

CNP – Card not present

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Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

19 May 2023 Submissions
Fraudulent CNP transactions accounted for around 80 per cent of total losses ($370 million in 2014/15). ... The remaining two-thirds of CNP fraud losses (or $252 million) relate to outbound and inbound international transactions.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Applications for Authorisation in Relation to PIN@POS – Auguest 2013 | Payments System | Submissions

19 May 2023 Submissions
Although the industry initiative related to the authorisation application is aimed at addressing card-present fraud, it is worth noting that card-not-present (CNP) fraud accounted for around three quarters ... Accordingly, while not the focus of the
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-08/index.html