The Facts and Not the Fiction of Card Fraud
OpinionWire Articles
Andy Kellett - Published 11/07/2008
The most recent figures from the Association of Payments and Clearing Society (APACS) show that UK card holders posses more than 71 million debit cards, and over 73 million credit and charge cards, generating a total of around UK£9.9 billion card purchases with a value in excess of UK£567 billion. Interestingly, even though card usage and transaction volumes continue to grow, card fraud losses against total turnover, at 0.118%, are still significantly less than the percentage figures reported prior to th
