Credit cards Updated:
The introduction of Chip and Pin technology has significantly reduced the amount of travel fraud being carried out on credit cards, it has been suggested.However, ABTA - The Travel Association, noted that a subsequent increase in card not present fraud has been seen.Spokesperson for the body Frances Tuke explained that offenders are posing as credit card customers and using false identities to purchase holidays.She added that in some cases fraudsters have contacted victims posing as employees of the provider, asking for passwords and other sensitive information."They were literally getting all their data from them and people were giving it to them," Ms Tuke remarked.A recent ABTA press release revealed that fraudsters targeting the travel industry steal over £10 million each year.It has offered advice on steps that customers can take to protect themselves from the problem, including collecting and keeping all receipts for holidays and flights.
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