Credit Card Fraud in Canada: Latest 2024 Statistics, Trends & Prevention Tips
Clearly Payments
AUGUST 8, 2025
Majority of Canadian card fraud losses Phishing, Smishing & Vishing Email, text, or phone scams trick victims into revealing card data. While Canada has strong chip-and-PIN adoption and advanced fraud detection systems, it still experiences higher card-not-present fraud compared to nations with more widespread biometric authentication.
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