Credit Card & Debit Card Fraud Statistics | Cred & Deb Card Fraud Split Stats | Scoop.it

Despite the fact that fraud only impacts a fraction of one percent of all purchases made with plastic, according to data from the Federal Reserve, it represents one of the biggest concerns among consumers.  This can largely be attributed to the catastrophic impact of the worst-case scenarios that run through people’s minds as well as the notion that regardless of how low the incidence of fraud may be, no one wants to be the exception to the rule and find their hard-earned money siphoned away by criminals.


Via Faisal Omar