Cardholders will not foot bill in online fraud

CREDIT cardholders whose details were used illegally when fraudsters gained access to the database of an Irish online retailer will not suffer any financial loss, it was confirmed yesterday.

The Irish Payment Services Organisation has reassured bank customers they would not be liable for any fraudulent transactions conducted on their cards.

It is estimated that credit card details of several hundred Irish customers were obtained by fraudsters several months ago but the scam was only detected last Wednesday.