Posts tagged as bankcard

Rates of bankcard fraud in Estonia among lowest in Europe

Thursday, October 25, 2018

Altogether 10,500 acts of fraud, involving 1.1 mln euros, were committed using bankcards issued by Estonian banks during 2016. The total number of transactions executed using an Estonian bankcard during the same year was 328 mln and the value of such transactions amounted to 11.1 bln euros. The ratio of bankcard fraud cases to the number of payments executed was seven times lower in Estonia than the EU average. “Estonia…