BALTIC NEWS Recommended reading from the Baltic states

13Jan/110

Post-crisis payment card counterfeit is not that smart

Zanda Brīvule-Jansone

Zanda Brīvule-Jansone

An article published on January 12, 2011 reports on counterfeits happened with paymend cards recently. The BNN baltic news network reports as follows:

Payment card forgers were smarter before the crisis, it was harder to catch them, however at the moment, probably because of the despair their methods are simpler, says the largest payment card service provider First Data Latvija Executive Director Zanda Brīvule-Jansone, asserting that clients money is in safe hands.

Despite the economic downturn, overall the Latvian population’s shopping habits have not changed – the number of purchases is still as large as in the pre-crisis period, only the purchase sums have decreased, reports BNN.

The full article can be found at the news network.

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