As credit cards as a payment method continues to grow worldwide, so does the value of fraudulent credit card transactions. Especially outside the United States, the amount of fraudulent payments almost doubled from 2014 to 2021. In total, fraudulent card payments reached 32 billion U.S. dollars in 2021. Card fraud losses across the world increased by more than 10 percent between 2020 and 2021, the largest increase since 2018.
Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021
(in billion U.S. dollars)
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The Nilson Report. (December 21, 2022). Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/
The Nilson Report. "Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021 (in billion U.S. dollars)." Chart. December 21, 2022. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/
The Nilson Report. (2022). Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/
The Nilson Report. "Total Value of Losses Due to Card Fraud Worldwide - Split between The United States and Rest of The World - from 2014 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Dec 2022, https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/
The Nilson Report, Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/ (last visited September 21, 2024)
Total value of losses due to card fraud worldwide - split between the United States and rest of the world - from 2014 to 2021 (in billion U.S. dollars) [Graph], The Nilson Report, December 21, 2022. [Online]. Available: https://www.statista.com/statistics/1264329/value-fraudulent-card-transactions-worldwide/