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View Full Version : Contactless payments mean card fraud now happens after cancellation - The Guardian



FraudNews
12-19-2015, 08:11 AM
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The Guardian (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFqZAVc0DgsqKbpg3wNuR6kNN38UQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=Lx91VvD6OsvO3gH6k5uoDQ&url=http://www.theguardian.com/money/2015/dec/19/contactless-payments-card-fraud-after-cancellation-bank-account)


Contactless payments mean card fraud now happens after cancellation (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFqZAVc0DgsqKbpg3wNuR6kNN38UQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=Lx91VvD6OsvO3gH6k5uoDQ&url=http://www.theguardian.com/money/2015/dec/19/contactless-payments-card-fraud-after-cancellation-bank-account)
The Guardian
To date, fraud on contactless cards is low. Figures produced by the UK Cards Association show that in the first six months of 2015 there was £516,500 of fraudulent transactions on contactless cards – the equivalent of just 2p for every £100 spent using ...

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