U.S. consumers reported about ***million U.S. dollars worth of credit card fraud in the first quarter of 2025, the second increase in a row. This is according to a reporting of the organization that collects such consumer reports submitted to local law enforcement. While credit cards are relatively popular in the United States, the highest value type of fraud is reported with bank transfers or cryptocurrencies. The latter is relatively surprising, as the global size of crypto fraud is reported to be much lower than hacks involving cryptocurrency.

According to estimates, e-commerce losses to online payment fraud surpassed **** billion U.S. dollars globally in 2024. The figure was expected to grow further to over *** billion U.S. dollars by 2029. Rise in e-commerce fraud E-commerce fraud presents a complex challenge, with different regions experiencing varying levels of impact. Latin America reported the highest share of loss at *** percent of e-commerce revenue due to payment fraud, while the Asia-Pacific region fared slightly better at *** percent. In 2024, refund and policy abuse emerged as the most prevalent type of fraud, affecting nearly half of online merchants worldwide. This was closely followed by real-time payment fraud and phishing attacks, highlighting the diverse array of threats businesses must contend with. Financial impact on merchants The financial toll of e-commerce fraud on merchants is substantial. The magnitude of these losses is emphasized by a 2024 survey, which found that approximately ** percent of e-merchants reported fraud-related costs of at least ** million U.S. dollars annually. More alarmingly, over ** percent of companies estimated their annual losses at more than ** million U.S. dollars, underscoring the urgent need for robust fraud prevention strategies in the e-commerce sector. Additionally, small and medium-sized businesses reported losing *** percent of their annual e-commerce revenue to payment fraud, illustrating that companies of all sizes are vulnerable to these threats.

Card fraud losses across the world increased by more than ** percent between 2020 and 2021, the largest increase since 2018. It was estimated that merchants and card acquirers lost well over ** billion U.S. dollars, with - so the source adds - roughly ** billion U.S. dollar coming from the United States alone. Note that the figures provided here included both credit card fraud and debit card fraud. The source does not separate between the two, and also did not provide figures on the United States - a country known for its reliance on credit cards.

In 2022, payment card fraud losses per 100 U.S. dollars of total sales remained at the same level as in 2020, with 6.8 cents. Fraud losses reached their peak in 2016 at 7.2 cents per 100 U.S. dollars of sales.

This statistic presents the share of financial institutions in the United States that experienced fraud losses in 2016, by total assets. That year, 46 percent of institutions with less than 50 million U.S. dollars in assets experienced losses due to payment fraud.

This statistic illustrates the total value of card fraud losses in Europe during 2019, by country. The United Kingdom (UK) and France experienced far higher losses to card fraud compared to any other countries included. In 2019, the UK saw card fraud loss of approximately 707 million euros.

According to projections, North America will suffer highest economic losses due to digital advertising fraud in 2028. The region is expected to account for 42 percent of the 173 billion U.S. dollars ad fraud losses forecast for that year. The Far East and China will take the second-largest share, with 20 percent, followed by Western Europe with 17 percent and Central and Eastern Europe with seven.

A 2025 study found that the largest share of fraud losses suffered by U.S. online merchants was due to third-party identity fraud/synthetic identity fraud, which involves the creation of false identities for fraudulent purposes. Friendly fraud, a practice where consumers make a purchase and later request a refund, ranked second, followed by fraudulent requests for returns.

It was estimated that the costs related to digital advertising fraud worldwide would increase within the five years between 2023 and 2028, from ** billion to *** billion U.S. dollars. That means that the figure will grow roughly ** percent annually and nearly double in the presented period. However the source projected that the share of losses in digital advertising spending will remain approximately flat. With the growing digitization of processes, including those in advertising, comes a growing risk of fraud. Today when more and more ads are traded programmatically, fraud detection processes are not yet fully developed, and so the bulk of advertising ends up being served to bots instead of potential customers. Fraud in advertising – costs and concerns On the one hand, programmatic advertising is very convenient, owing to the automation of buying and selling processes of online ads. However, such systems can increase the likelihood of scams. In 2021, close to ** percent of ad impressions served programmatically in the United States were fraudulent. Unsurprisingly, nearly one fifth of U.S. marketers consider ad fraud a challange. Until effective tracking tools and stricter regulations on online ad publishing are put in place, ad fraud will remain a significant problem for advertisers and media buyers.

Between the first half of 2019 and the first half of 2024, the amount of monetary losses through internet banking fraud cases in the United Kingdom (UK) has seen significant fluctuations. In the measured period, the highest amount of loss was registered in the first half of 2021, about 108 million GB pounds. In comparison, UK internet banking users and related organizations lost approximately 45 million GB pounds in the first half of 2024.

Payment card fraud - including both credit cards and debit cards - is forecast to grow by over ** billion U.S. dollars between 2022 and 2028. Especially outside the United States, the amount of fraudulent payments almost doubled from 2014 to 2021. In total, fraudulent card payments reached ** billion U.S. dollars in 2021. Card fraud losses across the world increased by more than ** percent between 2020 and 2021, the largest increase since 2018.

According to a 2024 study, online merchants from four world regions reported losing over ***** percent of their e-commerce revenue to payment fraud. Notably, Latin America reported a higher loss of *** percent, whereas APAC had the lowest reported loss at *** percent.

This statistic illustrates the total value of card fraud losses in Germany between 2006 and 2019. Overall the value lost to card fraud in Germany decreased between 2010 and 2019, amounting to a value of under 92 million euros in 2019. The highest value of card fraud losses was seen in 2010 when a total value of 139.4 million euros was stolen through fraud.

In 2022 and 2023, companies with more than 10,000 employees experienced the highest median fraud losses, at ******* U.S. dollars. The second-highest median losses, ****** U.S. dollars, were reported by small companies with fewer than 100 employees.

This statistic shows the gross and net fraud loss per card payment transaction in the United States in 2019, by transaction type. In that year, the gross fraud loss for card payments with PIN was 1.4 cents per transaction in the United States.

Fraud detected within six months of its occurrence had a median loss of roughly ****** U.S. dollars. By contrast, schemes uncovered only after 60 months or more were the costliest, with median losses soaring to about ******* U.S. dollars.

In 2022 and 2023, financial statement fraud accounted for just **** percent of all reported occupational fraud cases, yet it resulted in the highest median loss, approximately ******* U.S. dollars per case. In contrast, asset misappropriation made up ** percent of reported cases, but caused significantly lower median losses, averaging around ******* U.S. dollars per case.

The majority of the losses from payment card frauds in Denmark during the third quarter of 2023 were e-commerce frauds. The losses from these frauds amounted to around 58.6 million Danish kroner. The total payment card fraud losses during that quarter was roughly 69 million Danish kroner.

In 2022 and 2023, companies in the mining industry experienced the highest median losses from occupational fraud, at approximately ******* U.S. dollars per case. The wholesale trade sector followed, with median losses reaching ******* U.S. dollars, making it the second most financially impacted industry during that period.

In 2023, ** percent of all fraud cases performed via social media reported by consumers in the United States to the Federal Trade Commission (FTC) resulted in financial losses for the victims. Online frauds via online ads or pop-ups resulted in monetary losses in ** percent of the cases, while ** percent of all frauds conducted via websites and apps led to monetary losses.