Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Credit card fraud is growing concern in New Zealand

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October 28, 2005

Credit card fraud is growing concern in New Zealand

Credit card owners and retailers are warned against growing fraud in New Zealand. Visa, the world largest credit card company has issued the warning. While credit card fraud is relatively minor problem in New Zealand, it wise to remember about large credit card fraud occurred in US when about 40 million accounts were compromised due to security breach in CardSystems, credit card processing company several months ago.

 
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