Is Using Your Credit Card Online Safer?

Thursday 22 January 2004 18:54 CET | News

Americans are very concerned about problems with credit card security that might make it possible for someone to steal their credit card information and use it fraudulently, according to new survey results from Ipsos-Insight.

But when respondents were asked about online credit card security, they expressed less concern, the survey also found. While 76% of respondents said credit card fraud is either a moderate or major concern, only 69% of respondents felt the same way about online credit card fraud. The results are from a survey of 943 American credit card holders fielded last week who were asked their opinions about credit card security, both online and offline, as well as about their experiences with credit card fraud. Only 4% of the Ipsos-Insight survey respondents reported having been the victim of credit card fraud as a result of using their credit card online. Despite these low numbers, Internet-based credit card fraud is increasingly prevalent: about 18% of Americans reported being a victim or knowing someone who had been the victim of online credit card fraud.

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Categories: Payments & Commerce | Payments General
Countries: World
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