U.S., Mexico Top Rankings of Most Credit Card Fraud
A recent survey finds that 27 percent of cardholders (debit, credit and prepaid) around the world have experienced fraud in the past five years, according to an article from Forbes. Rates of fraud vary across countries but in Mexico and the U.S., users are more prone to fraud with 44 percent and 42 percent of respondents there saying they’ve experienced card fraud.
The report from Aite Group and ACI Worldwide surveyed more than 5,000 consumers in 17 countries, noting that U.S. consumers are heavy card users, and more card use means a greater likelihood for fraud, Forbes reports.