NBU: more fraud transactions with payment cards in Ukraine in 2018
The share of fraudulent operations with payment cards in Ukraine in 2018 increased to UAH 92 per UAH 1 million of operations from UAH 77 in 2017, Olha Vasileva, the deputy director of the payment systems and innovation development department of the National Bank of Ukraine (NBU), has said.
"In 2018 statistics on fraudulent transactions grew. In 2018 illegal operations accounted for UAH 92 per UAH 1 million of transactions with payment cards, whereas in 2017 the figure stood at UAH 77. The average bill for illegal operations in 2018 was approximately UAH 2,500, whereas in 2017 some UAH 2,100," the banker said during a round table in Kyiv.
According to her, the Internet, as well as phishing using social engineering methods have the largest share of fraudulent transactions.
The expert stressed the importance of improving the financial literacy of the population to reduce the level of card fraud.
Advertising
Advertising
MORE ABOUT
Belgium may supply F-16 aircraft to Ukraine this year – govt
21:32, 26.04.2024
Ramstein Coalition pledged over $95 bln in military aid to Ukraine over two years – Austin
21:27, 26.04.2024
Ukraine, Japan discuss creation of special tribunal for Russian war crimes
09:44, 26.04.2024
Service eCherha for buses launched at 10 Ukrainian-Moldavian border crossing points
16:02, 24.04.2024
U.S. Senate supports Ukraine aid bill
09:16, 24.04.2024
LATEST
PM: preferential price for gas extended until end of summer, for electricity until end of spring
17:17, 26.04.2024
Work of Kyivteploenergo blocked due to new searches by law enforcers – company
13:00, 26.04.2024
Almost three-quarters of employers feel shortage of staff, plan to increase wages in 2024 – EBA survey
20:59, 25.04.2024
Metinvest's Pokrovske mine extracts 1.2 mln tonnes of coking coal in Q1, plan for 2024 is 5.35 mln tonnes
20:07, 25.04.2024
Chornomorsk port resumes shipment of agricultural products for export