Why Credit Card Fraud Hasn't Stopped In The U.S.

In 2019, payment card fraud losses reached $28.65 billion worldwide. The United States alone is responsible for more than a third of the total global loss making America the most card fraud-prone country in the world. The economic cost of credit card fraud goes far beyond the cost of illegally purchased merchandise; businesses often spend millions to protect themselves from fraud, buying software and hiring security experts to monitor transactions.
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