Iran’s Ca$hnet Business Plan Stops Credit Card Online Fraud through the Internet

Published May 30th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Ca$hnet Business Plan (CBP) which enables the people to shop on the internet safely was invented recently by an Iranian residing in France.  

Iranian inventor Francois Pourqer was quoted by Tehran Times as saying that “credit card fraud is on the rise across Europe.” 

According to the inventor, the on-line shoppers place orders on the Internet and give out their credit card numbers, which could be stolen by hackers, but the new technology “CBP” has put an end to this fraud, limiting the risks – Albawaba.com

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