Barclaycard: Turkey top of credit card fraud
18/07/2006
Credit card holders have been warned that Turkey, France, Spain and the US top the league for card fraud abroad.
According to research by Barclaycard, these four countries accounted for over 56 per cent of all foreign credit card fraud recorded by the company last year.
As a result of these figures, Barclaycard offers a number of credit card safety tips for holidaymakers planning their summer trips.
Travellers are advised to ensure that they are comfortable with the website they are booking their trip with and to always keep hold of their card when in restaurants and bars.
Additionally, Barclaycard suggests informing them of trips away, so that the company can closely monitor holiday spending and be aware of untoward credit card activity.
Martin Warwick, head of Barclaycard Fraud Operations, said: "I'm not surprised to see destinations popular with British holiday-makers at the top of the list – more tourists means more cards that can be lost or stolen.
"However, I'd remind cardholders that taking their card abroad is still safer than carrying cash, as cardholders are not held liable for any losses from fraudulent activity."
Credit card association Apacs also issues holidaymakers advice on card usage abroad, indicating that a money belt is an ideal way of concealing credit cards and foreign cash.
According to research by Barclaycard, these four countries accounted for over 56 per cent of all foreign credit card fraud recorded by the company last year.
As a result of these figures, Barclaycard offers a number of credit card safety tips for holidaymakers planning their summer trips.
Travellers are advised to ensure that they are comfortable with the website they are booking their trip with and to always keep hold of their card when in restaurants and bars.
Additionally, Barclaycard suggests informing them of trips away, so that the company can closely monitor holiday spending and be aware of untoward credit card activity.
Martin Warwick, head of Barclaycard Fraud Operations, said: "I'm not surprised to see destinations popular with British holiday-makers at the top of the list – more tourists means more cards that can be lost or stolen.
"However, I'd remind cardholders that taking their card abroad is still safer than carrying cash, as cardholders are not held liable for any losses from fraudulent activity."
Credit card association Apacs also issues holidaymakers advice on card usage abroad, indicating that a money belt is an ideal way of concealing credit cards and foreign cash.
