Today News
A+ A A-

Identity theft, ATM-related fraud top payments security concerns — MasterCard Research

According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it comes to electronic payments.
Forty-two percent of consumers in Southeast Asia (Indonesia, Malaysia, Philippines, Singapore Thailand, and Vietnam) were most concerned with ATM-related fraud such as a stolen card, card cloning or skimming. In the Greater China markets (China, Hong Kong and Taiwan), this figure was 31 percent.
Consumers across Southeast Asia (35 percent) and Greater China (32 percent) were almost as equally concerned about identity theft in relation to data breaches. This includes personal data such as bank details, personal IDs, addresses, and signatures that are stolen or compromised through websites. In both regions however, it appears that these concerns do not directly stem from consumers’ own personal experiences but rather, as a result of the perceived severity of fraud based on what was reported in the media.
The Index also showed that in general, consumers across Southeast Asia, and the markets of Taiwan and Hong Kong still feel safer paying in a brick and mortar environment as opposed to online. In this regard however, China differed, being the only market where consumers felt paying online was safer than in an actual brick and mortar store; even more so than in Singapore.
When looking at online payments, almost every consumer in the Greater China markets had made an online payment in the past year. Consumers in China (62 percent), particularly favored the use of digital wallets in online electronic payments over those in Hong Kong (14 percent) and Taiwan (29 percent).
Meanwhile, the Index also reinforced that banks continue to play a critical role in ensuring payment safety and security for consumers in Southeast Asia. This is both, because of the high levels of trust consumers place in banks as well as the reliance that consumers have on banks to help them resolve issues that crop up in this area. Banks are often the first line of defense and recourse for the affected consumer — nearly half of all consumers in Southeast Asia who experienced ATM fraud first approached their card-issuing banks for advice.

35 comments

  • проверить посольство сша в украине киевгорстрой информация
  • Alejandra

    I've been surfing online more than 2 hours today, yet I never found any interesting article
    like yours. It's pretty worth enough for me. Personally,
    if all webmasters and bloggers made good content as you did, the internet will
    be much more useful than ever before.

    Alejandra Wednesday, 27 January 2016 02:30 Comment Link
  • Lacey

    Appreciating the dedication you put into your website and in depth information you present.
    It's good to come across a blog every once in a while that
    isn't the same old rehashed material. Wonderful read! I've bookmarked your site
    and I'm including your RSS feeds to my Google account.

    Lacey Sunday, 24 January 2016 07:54 Comment Link
  • Brandon

    ¿Su sitio de Web tiene una página de contacto?
    Estoy teniendo un momento difícil localizarlo pero,
    me gustaría enviar disparar email. Tengo algunas ideas creativas sugerencias para tu blog
    que te pueden interesar audiencia. De cualquier manera, un gran sitio de y
    espero verlo crecer con el tiempo.

    Brandon Monday, 11 January 2016 22:32 Comment Link
  • Kazuko

    Having a novel site will show beneficial to the affiliate maketer as it would entice enough consideration and, consequently, sufficient patrons to advertise one's products to.

    Kazuko Saturday, 09 January 2016 06:29 Comment Link
  • Lottie

    I enjoy what you guys are usually up too.
    Such clever work and coverage! Keep up the fantastic works
    guys I've incorporated you guys to blogroll.

    Lottie Friday, 08 January 2016 18:53 Comment Link
  • Arnoldo

    I enjoy looking through an article that can make people think.
    Also, thank you for allowing for me to comment!

    Arnoldo Friday, 08 January 2016 07:02 Comment Link
  • muaythaisamui

    Hi there! Do you know if they make any plugins to safeguard against hackers?
    I'm kinda paranoid about losing everything I've worked hard on.
    Any suggestions?

    muaythaisamui Thursday, 07 January 2016 05:33 Comment Link
  • leather beltsbelts for menleather beltmens beltsleather belts for menmens beltbelt bucklesblack leather beltbrown leather beltmens leather beltmen s beltsmen beltsbelts onlinedesigner belts for menbucklesbelts for womenmens designer beltswide beltsbelt fo

    The Holly clutch comes in gorgeous shades of violet of Tiffany Blue(R) croco.
    Gone are the days, when women liked to carry small handbags, which scarcely had sufficient space for a makeup sets.
    Select Encouraged Perpetually continue sure lighting, starting from Pre lit christmas 1, D 1,
    R 0, Z D1 and as well , R 1 constitute continual source
    of home engine performance enterprise, Ic 2S , PH, R 2 ~ R 4 way infrared wr signal,
    i would say the indicate combining up the
    K 1 output.

    leather beltsbelts for menleather beltmens beltsleather belts for menmens beltbelt bucklesblack leather beltbrown leather beltmens leather beltmen s beltsmen beltsbelts onlinedesigner belts for menbucklesbelts for womenmens designer beltswide beltsbelt fo Wednesday, 06 January 2016 21:29 Comment Link
  • Cleta

    Howdy this is somewhat of off topic but I was wondering if blogs use WYSIWYG editors
    or if you have to manually code with HTML. I'm starting a blog soon but have no coding know-how
    so I wanted to get advice from someone with experience.
    Any help would be greatly appreciated!

    Cleta Tuesday, 05 January 2016 14:38 Comment Link

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Commentaries

Goodbye to all that?

30-06-2016 Ninez Cacho-Olivares

Goodbye to all that?

As the clock strikes 12 noon today, Benigno Aquino lll ...

Buyer’s remorse as Brexit sinks in

30-06-2016 AFP and Tribune Wires

Buyer’s remorse as Brexit sinks in

London, United Kingdom — As the markets crashed, sterli...

RII’s reply

30-06-2016 Charlie V. Manalo

RII’s reply

The other day, I raised questions regarding the P39-bil...

Inflicting punishment

30-06-2016 Archbishop Oscar V.Cruz

Inflicting punishment

Wrongdoing and right punishment make the standard pairi...

Change brings culinary revolution to Cub…

30-06-2016 AFP and Tribune Wires

Change brings culinary revolution to Cuba

Havana, Cuba — At 65, Ramon Alfonso has seen a lot of h...

Is Brexit good news for Trump? It’s not …

30-06-2016 AFP and Tribune Wires

Is Brexit good news for Trump? It’s not that simple

Washington, United States — On the face of it, Britain’...

Nation

Headlines

Nation

Metro

Sports

Life Style

Etcetera

Motoring

business

Copyright 2000-2012 All rights reserved, The Daily Tribune Publishing Inc.