Cards group publishes fraud advice guide
By UK CreditCards.com
The UK Cards Association published a fraud-busting guide for credit card customers traveling abroad.
"Using Your Card Overseas" offers advice on best credit card practices for the millions of Britons planning to go on a foreign holiday this summer. Figures cited by the association suggest that fraud concerns are likely to be widespread among consumers, due to the high volumes of overseas purchases put on UK-issued cards.
Last year, a total of £27.8bn was transacted on standard and low rate credit cards -- including almost £20bn on debit and credit cards.
Sandra Quinn, director of communications at the UK Cards Association, said: "Using your debit or credit card is a convenient and safe way to pay when you're overseas. However, everyone should be aware that there may be fees or costs connected with using your card in a foreign cash machine or shop.
"Additionally, card criminals often look to catch us with our defences down when we are on holiday, so we need to take some simple, sensible precautions to help minimise the chances of becoming a victim of fraud."
The UK Cards Association published its new guide with the assistance of ABTA, a travel group.
Published: 8 June 2009
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