LYCOS RETRIEVER 
Credit Card Fraud: Consumers
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Jane Anderson says educating retailers and consumers is essential to reduce the occurrence of credit card and EFTPOS card fraud. "Shoulder-surfing occurs up to seven times a week in Auckland CBD. Retailers expect an increase leading up to over the busy Christmas period and at very busy places like the Viaduct Basin during the America's Cup."
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Your credit card issuer may offer extra protection for free. Most card issuers have voluntary policies to remove unauthorized charges completely if consumers report them as soon as they discover them. If you’re not sure what your issuer’s policy is, ask.
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As gas prices double, seemingly, so are credit card merchant interchange fees - and then some. As it costs upwards of sixty dollars to top off a cars tank, consumers are more inclined to pay with credit; they often don’t otherwise have enough cash as they did when it cost twenty or thirty dollars for gas. This means, the banks’
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Susie Sneak is an expert at robbing consumers' mail boxes for credit cards that have not yet been signed by their owners. She simply signs the owner'sname on the card and heads for the shopping mall. The next day, she throws thecard away and looks for another one.
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By employing "liability beyond the risk," courts can establish a legal duty for an issuer of credit cards to confirm applicants' identities. [FN202] "Limitation of liability to the risk" enables CRAs and banks to disseminate personal information and issue credit cards without serious inquiry or proof that the consumer is in fact who he or she claims to be. [FN203] Indeed, the Polzer court refused to hold the bank liable "even when they failed to take any steps whatsoever to confirm the applicant's identity and where they could have easily and inexpensively done so." [FN204] "Liability beyond the risk" will impose a greater duty on CRAs and creditors to exercise greater care and ... significantly reduce the possibility of identity theft. [FN205]
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