1 in 10 are victims of online credit card fraud in UAE
Dubai: Around one in 10 residents in the UAE has been a victim of online credit card fraud, with some saying their card details had been stolen and used for wrong purchases, a new survey has found.
The Department of Economic Development (DED) in Dubai, in collaboration with global payments technology company Visa, revealed the survey results on Sunday as it launched the weeklong campaign UAE Card Security Week.
The campaign, which runs from June 20 to June 27, aims to promote safe online shopping habits and educate consumers on how to avoid payment fraud in the UAE. The online campaign will feature live videos on social media (Facebook and YouTube) due to the growing adoption of online shopping and digital payment options in the UAE, especially during the month of Ramadan.