Card fraud in Germany: Few incidents, but high costs

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Periodical Talking Point In 2016, approximately 800,000 incidents of card fraud caused EUR 132 m of damage in Germany. This sum is certainly high in absolute terms, but needs to be put into perspective: Overall, 6.3 bn card payments and ATM withdrawals worth a total of EUR 643 bn took place in 2016.[1] The fraud rate thus amounted to 0.