Purchasing cards are key target for thieves_2
17 August 2012
Company credit cards and purchasing cards are behind a steep rise in credit card fraud, according to industry experts.
Card fraud rose by 60 per cent last year to £300 million and company credit cards, gold cards and purchasing cards were the main victims, according to the Association of Payment Clearing Services (Apacs).
“Cards with high credit limits like purchasing and company credit cards are key targets,” said Robert Littas, head of the fraud management department at Visa...