n Professional Accountant - Counterfeit cards drive up card fraud losses

Volume 2007 Number 1
  • ISSN : 1680-7537


Credit card fraud losses on South African issued cards are increasing at an annual average rate of 59.8% since 2005/06, according to figures released by the South African Banking Risk Information Centre (SABRIC) marking its launch of a National Card Fraud Awareness Campaign.

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