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Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry, included at no extra cost.

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September 1, 2022

US Total Card-Not-Present (CNP) Fraud Loss, 2019-2024 (billions, % change, and % of total card payment fraud loss)

Note

CNP fraud includes fraud in which stolen card details are used to purchase online. Payments fraud is a cleared and settled transaction that a third party initiated without the authorization, agreement, or voluntary assistance of the authorized user (the account holder or cardholder) with the intent ... to deceive for personal gain. Third-party payments fraud generally takes advantage of a vulnerability or security failure in a payment type, initiation method, or system.More

Methodology

Estimates are based on the analysis of data from the US Department of Commerce and the Federal Reserve, estimates from other research firms, reported company revenues, historical trends, consumer buying trends, and macro-level economic conditions.