Unfortunately, credit card fraud is a reality that many, if not most, credit card users will experience at least once. In fact, many experience it multiple times.
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Time Have Changed
It used to be that the main ways to perpetuate credit card fraud were to physically steal someone’s card and then use it or to copy the account number down while the owner was unaware. Those methods still exist today, but fraud is more prevalent now due to hackers, skimmers, and online scams.
Most of us are aware of certain places, such as gas stations, grocery stores, unknown online sellers, and ATMs not affiliated with major banks that present more of a risk, but there are also certain countries where it’s riskier to use a credit card. The following are the ten riskiest countries to use a credit card.
56% of people using credit cards in this beautiful and exciting country have reported experiencing credit card fraud. Worse, this is up almost 25% over previous years.
Hosting the Olympics brought an economic boom to this country that already was experiencing strong growth. That money attracted criminals, and nearly half of credit card users there have been victims of fraud. This, too, is an increase from the recent past.
Yes, the good old U.S. of A is one of the worst countries for credit card fraud, with about 47% of users experiencing it, and the nation alone accounts for nearly half the world’s credit card fraud.
Two obvious reasons are the robust economy and a credit-card-driven consumer culture, but another has been resistance to better protective measures. Fortunately, that has improved in recent years with the spread of chip technology for credit cards.
In the Land Down Under, it’s not just practically all the animals that are a threat. Fraudsters are on the prowl, too, and in just the past decade, more than 30% of credit card users have fallen prey.
India has a rapidly growing and modernizing economy, and fraudsters have noticed. In recent years, 41% of people have experienced credit card problems there. Fortunately, this is a country where the fraud rates are going down.
Credit card fraud ranges from 28-35%. Before you travel to this popular Asian destination, see what protections your credit card issuers provide against fraud.
This country has one of the most thriving economies in Africa and in the world. That provides opportunities for criminals, and 30-33% of people using credit cards there have reported being targets of fraud.
Perhaps you’ve heard that when in France, you need to watch out for pickpockets. Well, you need to be vigilant about credit card fraudsters, too. France is a top target for its size, its large economy, and all the people visiting from other countries, and 29% have reported credit card fraud there. Tourists anyplace are favored targets because they often don’t know local customs and may be more vulnerable to deception and theft.
Credit card fraud has been particularly bad in the U.K. in recent years. Probably, this has a lot to do with tourism and its explosive growth in the business and building sectors. Overall, about 29% of people have been victims of credit card fraud, and an astonishing 28% have been victims more than once. Don’t let the great hospitality and all the historical and cultural attractions allow you to let your guard down!
United Arab Emirates
The U.A.E. is geographically a small nation, but it’s awash in big money thanks to having some of the world’s largest petroleum reserves. All that money flowing through its cities is a magnet for thieves, and it’s no surprise that this country is among the world’s worst for credit card fraud. 44% of people have suffered it in this wealthy Persian Gulf state. The good news is that fraud rates have declined slightly in recent years.
15 Most Dangerous U.S. Cities to Travel to in 2023
As you plan your travel itinerary for the year, you may want to have a look at the cities listed. We’re not saying you shouldn’t go there, but certainly do your research ahead of time and know which part of town is safer to visit. Here are the top 15 most dangerous U.S. cities you need to be aware of.
10 of the Most Dangerous Countries for Women Traveling Solo
Sadly, there are still places where female travelers face a heightened risk of violence and harassment. As a result, it’s more important than ever to prioritize the safety of women on the road. To help you plan your next adventure with confidence, we’ve compiled a list of the top 10 most dangerous countries for solo female travelers to avoid.
7 Most Dangerous Countries to Travel With Your Kids Today
Traveling worldwide is one of the most incredible experiences adults can give to children in their families. Interacting with other cultures is a priceless gift that creates memories for years to come. Unfortunately, there are places where tourist travel is unsafe, especially with children, because of geopolitical concerns, crime, climate, and gang activity.
So, if planning a family trip abroad, be wary of traveling to countries with high tourist safety risks. We’re not saying don’t go but read up on travel advisories if you’re thinking about any of these cities.
This article was produced by Our Woven Journey. Source