The data depicts the value of fraud loss to turnover resulting from debit and credit card fraud in the UK from 2003 to 2016. Fraud loss to turnover is calculated as a proportion of card fraud loss for every one hundred GBP spent in transactions. It can be seen that the value of fraud loss to turnover decreased overall during the period under observation, reaching a value of 0.08 pence per hundred GBP of transactions in 2016. The biggest value for fraud loss to turnover on credit and debit card transactions was found in 2004, when a fraud loss to turnover of 0.
