Conclusions

In today’s digital age, information and communication technology have made it possible to perform virtually every task digitally. One such vital task is using the online payment transaction system with plastic money cards, which has become a part of modern life. Cybercriminals, hackers, or fraudsters execute online payment transaction fraud by exploiting vulnerabilities at the user end. Therefore, there is a requirement to update the security of the online payment transaction system at the user’s end regularly. The complete study of identification and mitigation of online payment transactions focuses on the security of online transactions at the user’s end. This chapter presents a comprehensive study summary, including its social impact, and concludes with final remarks.