Credit card usage on the net

17/04/2007

A latest report published by Travelodge has highlighted the credit card holders are prepared to take on the risks of using their credit card online to make payments for their internet purchases.

The data published by Travelodge deems credit card usage on the net as high on their list of risky activities that credit card holders are willing to make. The study also brings to attention that many travellers do not take out travel insurance for their holidays.

These figures are further supported by facts from Get Safe Online where the average crime for internet fraud was £875, this equated to twelve percent of UK internet users who were hit by levels of fraud on the net.

During 2006 around 1.7 million people had said that they had experienced internet fraud against them whilst shopping on the internet.

Guy Parsons, Travelodge’s chief operating officer said "We are all prepared to take some level of risk in our lives but some are willing to gamble harder than others “. "Travelling abroad without insurance could save you £10 but cost £10,000 - the odds are not hot." He added further.