The proposal of measures to the misappropriation of credit cards

Abstract

Regarding utilization rates of credit card, countries such as China, South Korea and Canada has more than 50 %, but Japan has only about 16%. Although the Japanese government is showing a movement to promote the spread of cashless system, the amount of misappropriation of credit cards in Japan tends to increase year and year, especially in 2017, which is about 16% higher than the previous year, the amount of damage reach to 23.64 billion yen. Credit cards are illegally used with methods such as phishing scams, skimming and so on, which are becoming more sophisticated and complicated. In this report, after presenting the method and cause of unauthorized use of credit cards, we propose countermeasures for card companies, franchises and users.