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Everything you should know about credit card fraud and how to stay safe

Starting in the 1980s, there has been an increase in the use of credit, debit and pre-paid cards

Bruno Buonaguidi | The Conversation 

If you are the owner of a credit or a debit card, there is a non-negligible chance that you may be subject to fraud, like millions of other people around the world. Starting in the 1980s, there has been an impressive increase in the use of credit, debit and pre-paid cards internationally.

According to an October 2016 Nilson Report, in 2015 more than US$31 trillion were generated worldwide by these payment systems, up 7.3% from 2014. In 2015, seven in eight purchases in Europe were made electronically. Thanks to new online money-transfer systems, such as Paypal, and the spread of ...

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First Published: Tue, July 11 2017. 09:58 IST
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