Britons are struggling with the task of remembering multiple pin codes in an effort to avoid becoming the victims of fraud, it is claimed.
Research from Abbey
As a result, the survey found that 22 million debit and
Abbey head of banking Steve Shore was also concerned at the finding that 2.4 million cardholders keep their pin numbers written down with their card.
In addition to the fact that 5.7 million UK cardholders take further risks by using the same pin number for multiple debit and
“We really do urge you to try and commit them to memory than write them down … if your cards are lost or stolen, you must report this immediately,” he added.
Cardholder-not-present fraud costs the UK £212.6 million each year and is now the biggest category of plastic card deception, Personal Computer World reports.
© Adfero Ltd