Credit Card Fraud in Canada: Latest 2024 Statistics, Trends & Prevention Tips
Clearly Payments
AUGUST 8, 2025
In 2024, Canadians reported over CAD $638 million in fraud losses, according to the Canadian Anti-Fraud Centre (CAFC). Credit card and payment fraud remain major threats to both consumers and merchants, with card-not-present (CNP) scams and identity theft driving the majority of losses.
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