Huge spike in payment card abuse – The Post

Huge spike in payment card abuse

Twice as many thefts since 2009

270 million kroner was misapprehended using stolen payment cards in 2014 (photo: iStock)
November 3rd, 2015 8:27 am| by Christian W
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The number of Danes who have their payment cards stolen and abused has more than doubled over the past five years, according to new figures from the state police Rigspolitiet.

The figures showed that 10,804 people had their cards stolen and abused last year, compared to just 4,857 in 2009.

“We see a clear increase in the abuse, looking at the figures, but the use of Dankort and payment cards in general has also increased during the period,” Søren Winge – the head of communications for Nets, which operates Dankort – told Metroxpress newspaper.

READ MORE: Scammers using burner phones to steal from MobilePay customers

Mostly abroad
Over the past three years, the amount swindled using payment cards has increased from 196.4 million kroner in 2012 to 270 million kroner in 2014.

Some 222.5 million kroner of the 2014 amount took place abroad.