Tag: EFTPOS

On May 5, 2017

Business Information Sheet – Credit Card Security

Data from Australian Payments Clearing Association (APCA) in 2014 shows that 0.02% of all credit card and cheque transactions were fraudulent – total of $311 million. Over the last ten years, the amount of fraud has increased significantly due to a rise in online transactions (where the physical card is not present), and sophistication of