Prepaid

Prepaid Card Fraud

December 13, 2018
C Sue Brown
Aaron McPherson
Payments fraud is shifting, with new vulnerabilities emerging as old ones fade.

While prepaid card fraud is lower than debit card fraud, debit card fraud is shrinking due to chip technology, while prepaid card fraud is rising. Since chip technology is too expensive for prepaid, processors will need to use more analytic techniques.

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