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What are the most common types of payment fraud?

Written by Asher Imran
Updated over 3 weeks ago

Common types include:

  • Phishing: Fraudulent emails, texts, or calls tricking you into revealing personal or financial information.

  • Skimming: Criminals illegally copying card data at ATMs or point-of-sale terminals.

  • Account Takeover: Criminals gaining access to your online banking or e-money account.

  • Malware: Malicious software that steals your data.

  • Authorised Push Payment (APP) Fraud: Tricking you into sending money to a criminal.

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