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Studies Show Credit Card Use Decreases After Fraud; eConsumerServices Shares Advice to Prevent Decline

(Tampa Bay, FL) September 19, 2016 – A new report reveals that nearly half of U.S. consumers have experienced card fraud,(1) while another survey found that 56% of fraud victims changed their card use or shopping behavior after a fraudulent charge.(2) eConsumerServices (econsumerservices.com/), a dispute mediation firm, maintains that card issuers and merchants must be proactive to avoid losing business in cases of credit card fraud; so CEO Gary Cardone counsels banks and retailers on steps they can take to retain consumers’ trust.http://www.paymentsjournal.com/PressRelease.aspx?id=32768

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