Contactless cardholders warned over fraud danger
Fears that some contactless cardholders are being left at risk of fraudulent payments being made from their account - even after they have cancelled cards which have been lost or stolen - have been raised by a consumer help website.
MoneySavingExpert.com is warning people whose contactless cards have been lost or stolen that they may need to comb through months or years of statements to check for fraudulent transactions which may not have been flagged.
The site said one user from Cheshire discovered his Halifax cards, which were cancelled when they were stolen last November, had been used to make fraudulent purchases eight months later. Five contactless purchases totalling nearly £30 were made in Stoke-on-Trent.
MoneySavingExpert.com said the "chaotic system" meant that while some accounts were prevented from being raided by this type of fraud, in other cases it is left to customers to spot dodgy payments.