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Visa: credit card fraud numbers

Visa said 30% of card frauds currently involve Card-Not-Present situations - where the buyer is not present to physically sign off the transaction. It predicted the proportion would rise to nearly half by the end of 2007.

Visa said 30% of card frauds currently involve Card-Not-Present situations - where the buyer is not present to physically sign off the transaction. It predicted the proportion would rise to nearly half by the end of 2007.