Compare Credit Cards with CardSmart

Home » Credit Card News » Card Protection & Fraud » Online credit card protection highlighted by Apacs

Online credit card protection highlighted by Apacs

Credit card users who purchase holidays and other travel-related services online have the advantage of web-based fraud protection, according to a representative of the Association of Payment Clearing Services (Apacs).

More from Card Protection & Fraud
5 May 2009

Online credit card protection highlighted by Apacs”

Bookmarks

This statement follows research from electronic payment and risk management solutions provider Cybersource which shows that fraudsters were responsible for airline losses of £944 million during 2008 - which is 1.3 per cent of the total revenue airlines take via the web.

In related card security news, another study - carried out by Unisys - has also revealed recently that 88 per cent of consumers are concerned about others gaining access to their credit card details.

Jemma Smith, the head of PR at the association, states that features offered by credit card suppliers MasterCard and Visa, such as the SecureCode and Verified functions - help prevent online fraud from occurring within the travel sector.

While she does state that the travel industry could be a target for fraudsters, she adds that "if you look at the UK figures [for card fraud], the travel sector isn't one of the biggest areas hit".

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
Compare More Credit Cards...

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. Read more... We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.