Card and ATM fraud on the decline

A significant decline of 9% in payment card fraud incidents was recorded in 2025 compared with the previous year, according to data from the Bank of Greece, as presented in the Financial Stability Report published by the central bank.

In addition, a substantial annual decrease of 20% was recorded in the fraud-to-transaction ratio in volume terms, which fell to 0.013%, corresponding to 1 fraudulent transaction per 7,600 transactions in 2025.

Regarding the value of fraudulent transactions in absolute terms, this remained at the same level as in 2024, amounting to 22.6 million euros out of total transactions worth 120 billion euros. Given the increase in total transaction value to 120 billion from 112 billion in 2024, the fraud-to-transaction ratio in value terms stood at 0.019%, corresponding to 1 euro of fraudulent transaction value per 5,300 euros of total transactions in 2025, compared to a ratio of 1:4,900 in 2024.

According to the Bank of Greece, key factors contributing to the reduction in fraudulent transactions include the continuous adoption of advanced fraud prevention practices by Greek credit institutions and broader payment service providers, their cooperation with domestic and international authorities aimed at dismantling criminal organizations whose members engage in various forms of fraud, as well as the ongoing awareness of users of electronic payment instruments regarding their safe and proper use and emerging fraud schemes to which they may be exposed.

ΑΜΝΑ