Techniques For Reducing Payment Card Skimming

Payment card skimming has long been the preferred method used by fraudsters hoping to capture enough payment card data to create counterfeit cards. As the world migrates to the EMV chip card standard, opportunities for conducting counterfeit card fraud will become more difficult for criminals to capitalize on. Until EMV reaches global critical mass, card skimmers will still be preying on magnetic-stripe cards. This Mercator Advisory Group Viewpoint reviews techniques for deterring card skimming.