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Research Highlights UKTravellers' Fear of Card Fraud on Foreign Soil.
0 Comments | M2 Presswire, March, 2008
M2 PRESSWIRE-17 March 2008-Travelex: Research Highlights UKTravellers' Fear of Card Fraud on Foreign Soil(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:17032008
London -- New research from Travelex, the leading foreign exchange and international payments company, reveals that over half of men and women (60%) in the UKfear that they could become victims of credit card fraud while on foreign soil.
Additional research conducted by APACS, the UKpayments association, has proved that this fear has a firm foundation. Industry losses from card fraud jumped by 25% to GBP535.2 million last year, driven by a hefty 77% rise in fraud committed on UKcards abroad.
The Travelex research also showed that of those who travelled abroad in the last 12...
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