Division 16

Fraudulent cash withdrawals are further split into fraud origins (i.e. ‘manipulation of the payer to make a cash withdrawal’, and ‘issuance of a payment order by the fraudster’ which is further broken down by ‘lost or stolen card’, ‘card not received’, ‘counterfeit card’ and ‘other’). The fraud origins that are reported for each PCS are mutually exclusive. Therefore, the total number of fraudulent cash withdrawals by PCS equals the sum of the different fraud origins. The same principle applies to the value of transactions.