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AUSTRALIAN CARD-NOT-PRESENT FRAUD INCREASES

AUSTRALIAN CARD-NOT-PRESENT FRAUD INCREASES

AUSTRALIANS SPENT AU$1.92 trillion using cards and cheques in 2015; of which 0.025 percent or AU$469 million worth of transactions was fraudulent. While some areas of card fraud have declined, overall card fraud has risen due to a significant increase in card-not-present fraud. Australians are spending more than ever on cards and the rate of [...]

The post AUSTRALIAN CARD-NOT-PRESENT FRAUD INCREASES appeared first on Payments Cards & Mobile.

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