Payment card fraud to to break $40bn by 2030

Payment card fraud losses worldwide dipped 1.2% to $33.41 billion in 2024, tied to global card volume of $51.920 trillion, with organised crime set to push losses to $41.06 billion by 2030. Losses to fraud are incurred by credit, debit and prepaid card issuers, merchants, processors of card payments from merchants and processors of card […]