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PayDay News | Australian Payments News

Australia’s near $1 billion card fraud problem sees only slight decline

Editor
4 Feb, 2026
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Warwick Ponder
Editor
4 Feb, 2026
Add us as a preferred source on Google
Despite significant industry action to reduce card fraud, the endemic problem is still costing Australia more than $850 million a year – mainly due to criminal activity on overseas websites, according to the latest AusPayNet data.
Australia’s near $1 billion card fraud problem sees only slight decline
AusPayNet’s Head of Economic Crime To

Despite significant industry action to reduce card fraud, the endemic problem is still costing Australia more than $850 million a year – mainly due to criminal activity on overseas websites, according to the latest AusPayNet data.

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