2007 Statistics on Payments Fraud In Australia
The Australian Payments Clearing Association (APCA) has released its latest quarterly statistics of payments fraud data
for cheques, debit cards, credit cards and charge cards in Australia for the 12 months to December 31, 2007 showing that Australia’s total rate of fraud (on cheques and payment cards) has remained steady, dropping only slightly from 6.3 cents (2006) to 6.2 cents for every $1,000 of payments.
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