Re: UKNM: Re: Credit Card Fraud

[Jeanette.Davis]

Contact:   Tel: 2883  -  Operations and Design, 1st Floor West, Queens Walk


I forget the source, but a study a few years ago asked consumers if they

were concerned with providing their credit card details using the following

methods.  The results were -


                               Concern

Over the counter  - Low

Over the phone -    medium

Over the Web -       High


The same study then showed stat's for credit card fraud.  The results were

-


                               Chance of Fraud

Over the counter  - High

Over the phone -    medium

Over the Web -       Low (minuscule)


No big surprise really, but the public impression is still guarded when it

comes to credit card transactions online.  In my 5 years of web experience

I have only heard of one credit card problem.  (Stated by a member of this

newsgroup a couple of weeks ago, involving CDNow if I remember correctly!)


I think Steve is correct, the merchant is probably the biggest concern.  If

corruption does occur, I think it would happen on the inside, not by

someone 'sniffing' along the net.


JD 


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