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Link to original content: http://statista.com/statistics/1407239/portugal-payment-fraud-value-by-instrument/
Portugal: payment fraud value by instrument 2023 | Statista

Average value of payment frauds in Portugal H1 2023, by instrument

Published by Beatriz Luz, May 3, 2024
In Portugal, during the first half of 2023, credit transfers were accountable for the highest value of fraud among payment instruments, registering an average value of 3,086 euros. Direct debits followed with an average fraud value of 648 euros. In terms of bank cards, frauds from the perspective of the buyer reached the average value of 180 euros, while frauds from the perspective of the issuer stayed at 47 euros on average.

Average value of payment frauds in Portugal in 1st half 2023, by instrument (in euros)

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Source

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Release date

May 2024

Region

Portugal

Survey time period

H1 2023

Supplementary notes

Buyer fraud occurs when a customer or potential customer defrauds a seller during the process of completing a transaction.
Issuer fraud occurs when the offender issues a payment order after having obtained, usually through social engineering mechanisms such as phishing, the user's security credentials.

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