Card Fraud Losses Dip to $28.58 Billion in 2020

Article

Card Fraud Losses Dip to $28.58 Billion in 2020

Global brand, domestic-market-only and private label credit, debit and prepaid card purchases for goods and services plus cash advances and ATM withdrawals (including on-us activity) generated $41.962 trillion in total volume in 2020, down 0.8% from 2019. Gross card fraud, which is expressed in basis points (cents) per $100 in total volume, was 6.81 cents per $100 in total volume in 2020. The prior year, the figure was 6.78 cents per $100. Fraud losses (measured in basis points) in the card payment industry have been steady for several years as fraud fighting capabilities deployed by iss...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

Nilson Report

1209

December 2021

Headlines in this Issue

Charts in this Issue

Card Fraud Worldwide

Fraud by Type of Card

Card Fraud Projected through 2030

Fraud Inside U.S. vs. Outside the U.S.

Largest Debit Card Issuers Worldwide

Global Brand Acceptance Locations

Largest Domestic-Only Debit Card Issuers

Top Manufacturers of Payment Cards—Ranked by Shipments in 2020

Card Manufacturers of Payment Cards 2020—Total Shipments

Card Manufacturers of Payment Cards 2020—Visa and Mastercard

Card Manufacturers of Payment Cards 2020—Other Payment

Card Manufacturers of Payment Cards 2020—UnionPay

Card Manufacturers of Payment Cards 2020—Other High Security

Investments & Acquisitions—October 2021