Mastercard Says Fraud Costs Dropped 54% Since (EMV) October 2015
PYMNTS
SEPTEMBER 13, 2016
In reference to fraud — the very activity that the cards are designed to thwart — Mastercard stated that fraud data shows a 54 percent decrease in counterfeit fraud costs at retailers who have either completed or are close to completing EMV transitions, as measured between April 2015 and April 2016. 1 of last year.
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