Fraud Detection in Mobile Payment System using Machine Learning: A Comprehensive Survey

Abstract

: Due to ever increasing bulk of digital transactions nowadays there is also increase in fraudulent transactions. There is need to detect this fraud transactions in online digital payment system. This paper is aimed at providing an expensive literature review of journal article produced between 2009 to 2018 in the selected domain. We have classified the research papers based on the machine learning methods, accuracy level of the technology, year of publishing, etc. and analysed the results.