Card fraud grows online

Tuesday, 8 November 2005, 12:13 PM EST

Fraudulent use of credit cards online is increasing because Chip and PIN technology makes other forms of fraud more difficult.

The six-monthly survey from Apacs, the UK payments association, found that card-not-present fraud, which covers internet, mail order and telephone scams jumped nearly a third compared to the same period last year.

By John Oates at The Register.

[ Read more ]




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