Card fraud losses across the world increased by more than 10 percent between 2020 and 2021, the largest increase since 2018. It was estimated that merchants and card acquirers lost well over 30 billion U.S. dollars, with - so the source adds - roughly 12 billion U.S. dollar coming from the United States alone. Note that the figures provided here included both credit card fraud and debit card fraud. The source does not separate between the two, and also did not provide figures on the United States - a country known for its reliance on credit cards.
Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022
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Statista. (December 31, 2023). Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/
Statista. "Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022." Chart. December 31, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/
Statista. (2023). Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/
Statista. "Total Value of Losses Due to Card Fraud, Either Credit Card Fraud or Debit Card Fraud, Worldwide from 2014 to 2022." Statista, Statista Inc., 31 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/
Statista, Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/ (last visited November 10, 2024)
Total value of losses due to card fraud, either credit card fraud or debit card fraud, worldwide from 2014 to 2022 [Graph], Statista, December 31, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1394119/global-card-fraud-losses/
