Teiss: Contactless card fraud in the UK touched £1.18m in 2018

10 January 2019

Britons lost over £1.18m to contactless card fraud last year compared to £711,000 in the previous year, Action Fraud has revealed.

In October last year, payments technology firm Worldpay revealed that contactless card payments in the UK overtook chip-and-pin card payments for the first time ever, rising to 52% of all in-store transactions compared to just 30% in July 2017.

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